Oil India

Results: OIL India Q3 net doubles on tax gains; spends Rs 378.93 crore to control Baghjan oilfield blowout

Results: OIL India Q3 net doubles on tax gains; spends Rs 378.93 crore to control Baghjan oilfield blowout

State-owned Oil India Ltd on Thursday reported more than doubling of its December quarter net profit on the back of one-time gains from s...Read More

New e-bidding norms: Reliance, others don't need government nod for gas pricing

New e-bidding norms: Reliance, others don't need government nod for gas pricing

Reliance Industries and other producers of natural gas will no longer need the government approval for the gas price if it is arrived at ...Read More

OIL Q2 profit drops 42% on blowout expense

OIL Q2 profit drops 42% on blowout expense

Oil India Ltd, the nation's second-biggest state oil producer, on Monday reported 42 per cent drop in September quarter net profit large...Read More

Assam gas leak: Two missing bodies found and four sustained minor injury

Assam gas leak: Two missing bodies found and four sustained minor injury

The gas well operated by state-run Oil India Limited (OIL) at Baghjan, Tinsukia District, Assam, caught fire on June 9. In this incident,...Read More

Assam Gas Leak: Two firemen die; flames continue to erupt a day after fire broke out at Oil India gas well

Assam Gas Leak: Two firemen die; flames continue to erupt a day after fire broke out at Oil India gas well

PSU major Oil India on Wednesday said two of its firefighters died at the site of a major blaze at its Baghjan well, which has been spewi...Read More

Massive fire engulfs Assam's Baghjan oil well

Massive fire engulfs Assam's Baghjan oil well

The blaze at the Oil India Ltd's oil well is so massive that it can be seen from a distance of more than two kilometres

6 oil PSUs including ONGC, Indian Oil, HP, and Bharat Petroleum likely to lose invest-grade rating: Moody's

6 oil PSUs including ONGC, Indian Oil, HP, and Bharat Petroleum likely to lose invest-grade rating: Moody's

These six companies have become "potential fallen angels" due to lower earnings and cash flow amid the global coronavirus shock, Moody's ...Read More

Government detaches GAIL, OIL, other PSUs from AGR case

Government detaches GAIL, OIL, other PSUs from AGR case

New Delhi: The government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led ...Read More

Oil India to move TDSAT v/s DoT seeking Rs 48.5K cr

Oil India to move TDSAT v/s DoT seeking Rs 48.5K cr

Non-telecom firms such as OIL, GAIL and PowerGrid filed clarificatory petition on applicability of the October 24 order on them, but the ...Read More

Oil India moves SC on its AGR dues order

Oil India moves SC on its AGR dues order

With this, OIL has become the first PSU to file review petition against the AGR order.

DoT issues Rs 48,500 crore AGR dues for Oil India

DoT issues Rs 48,500 crore AGR dues for Oil India

The share price of Oil India dropped 4.24% after the news. Many PSU and government entities such as Oil India, NHAI, Indian Railways and ...Read More

Oil India net rises 28 percent

Oil India net rises 28 percent

New Delhi: Oil India reported a 28 per cent jump in its September quarter net profit as it benefited from a rise in international oil pri...Read More

Mumbai: OMCs will take Rs 7000 crore hit; deregulation just on paper?

Mumbai: OMCs will take Rs 7000 crore hit; deregulation just on paper?

Mumbai: The government has thrown the baby out with the bath water! This was one of the caustic comments that greeted the Finance Ministe...Read More

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Centre looks to sell 10% stake in Oil India

New Delhi : The government is planning to divest up to 10 per cent stake in Oil India (OIL) in 2018-19, a senior finance ministry officia...Read More

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Oil India will buy back shares worth Rs. 1,527 crore

New Delhi : Oil India Ltd, the nation’s second largest state explorer, on Monday said it will buy back 4.49 crore shares for Rs 1,527 cro...Read More

Cabinet clears IOC-OIL-BPCL’s Russian stake buy for $3.14 bn

Cabinet clears IOC-OIL-BPCL’s Russian stake buy for $3.14 bn

New Delhi: The Cabinet today gave its nod to a consortium of IOC, Oil India and BPCL buying stakes in twoRussian oilfields for a total of...Read More

Auction of oil, gas fields with Rs 70K cr reserves from July

Auction of oil, gas fields with Rs 70K cr reserves from July

 The 46 fields that are offered are actually 67 small and marginal discoveries that have been clubbed

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Govt wants PSUs to emulate pvt sector, buy back shares

New Delhi : The government wants cash-rich PSUs like Coal India, Oil India and NTPC to take a cue from the private sector and use surplus...Read More

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Rupee hits 8-week high of 64.95; oil, metal stocks hog limelight

Mumbai : The rupee today recuperated by 46 paise to close at an eight-week high of 64.95 against the US dollar on fresh selling of the Am...Read More

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