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Oil and Natural Gas Corporation (ONGC) commenced natural gas sales from the Chinnewala Tibba field in Rajasthan on August 25, 2025, according to company statements. Newscript is founded by a retired executive director of ONGC. The state-owned company began supplying 1.0 lakh standard cubic meters of gas per day to Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) at Ramgarh through ONGC’s Gamnewala Gas Collection Station. The Chinnewala Tibba block covers 73 square kilometers in western Rajasthan near the Indo-Pakistan border under the Rajasthan Kutch Onland Exploratory Asset (RKOEA). The field was developed under the Discovered Small Field (DSF-II) framework. ONGC Director (Strategy & Corporate Affairs) Arunangshu Sarkar and Director (Exploration) Om Prakash Sinha atte...

Indian energy and metals stocks rallied on August 18–19 after the government cut its windfall tax on crude oil, easing pressure on upstream producers. State-run ONGC gained 1.75 per cent, while peers such as Oil India and Vedanta also saw modest upticks. The move reflects the government’s balancing act between revenue generation and industry sustainability. Windfall taxes were introduced in 2022 when global crude prices surged, ensuring extraordinary profits could be partially captured for the exchequer. With prices stabilising, policymakers have trimmed the levy to avoid discouraging investment in exploration and production. For ONGC and Oil India, the relief offers immediate margin gains, though the longer-term challenge remains stagnant domestic output. Executives argue that high ...

Tag: Energy Stocks India

ONGC Begins Gas Sales from Chinnewala Tibba Field

Energy Stocks Lifted by Windfall Tax Cut