ONGC, Reliance Ink Offshore Resource-Sharing Pact; Oil & Gas Stocks Surge скачать в хорошем качестве

ONGC, Reliance Ink Offshore Resource-Sharing Pact; Oil & Gas Stocks Surge

Oil and gas stocks witnessed strong buying interest after ONGC and Reliance Industries signed a landmark resource-sharing agreement for deepwater offshore exploration on India’s east coast. The pact, announced at India Energy Week 2026, aims to improve operational efficiency through shared access to infrastructure, pipelines, manpower and exploration resources on a cost-to-cost basis. The move follows recent policy reforms under the Oilfield Regulation and Development Amendment Act, encouraging collaboration among energy producers to optimise costs and boost domestic exploration and production. Market Expert G Chokkalingam, Founder & MD, Equinomics Research see the agreement as particularly positive for ONGC, given its upstream focus and attractive valuations, while the broader sector also benefits from improved efficiency and policy support. Investors are closely tracking further details on cost savings and execution. #BusinessToday #ONGC #RelianceIndustries #IndiaEnergyWeek #OilAndGas #StockMarketIndia #EnergySector #Investment #Reliance #ONGCShare #IndianEconomy #EnergyNews #BusinessNews ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook:   / businesstoday   twitter:   / business_today   Instagram:   / business_today