Oil India Limited

OIL INDIA LIMITED NEWS

Told it can’t drill in a national park in Assam, Oil India Limited turns it into a research project

February 07, 2025 10:04 pm

In 2006, the Supreme Court ruled that no permission “by whatever name called” would be granted for mining inside national parks, sanctuaries and forest areas.

IIT-Delhi, Oil India Limited jointly launch ‘DriftTECH’ to address challenges in deep-tech, energy

February 09, 2024 4:16 pm

The programme is open for startups across various sectors with a strong integration of technology and innovation at its core.

Oil India looking at return to Libya after 2011 exit

February 06, 2024 6:00 pm

Shares of the state-run explorer jumped as much as 12.4% to a record high of 516.40 rupees on Tuesday. The source said the company was in talks over two blocks in Libya, without giving a timeline for a possible deal.

'Cyberattack' reported at Oil India Limited HQ in Assam; probe underway

April 13, 2022 12:00 pm

An FIR has been lodged at the Duliajan police station, and the Cyber Cell of the Assam Police is probing the matter.

Gauhati HC stays Centre's permission to OIL to drill wells inside Dibru-Saikhowa natl park

December 07, 2020 8:10 pm

The stay order was issued by a division bench of Chief Justice (Acting) N Kotiswar Singh and Justice Manish Chowdhury on a PIL filed jointly by advocate Mrinmoy Khataniar and mountaineer Amar Jyoti Deka.

Baghjan blowout: First phase of final ops to cap oilfield successful

August 18, 2020 12:00 pm

The OIL statement added that data collection at the site has been completed for the Environmental Impact Assessment (EIA) study by various agencies.

Assam gas leak and fire: Severe floods leads OIL to call off blowout ops for the day

June 27, 2020 9:42 pm

The interruption in operations will prove to be a big challenge for the energy major, as it has struggled to plug the blowout, first reported exactly a month ago on May 27.

Assam Gas Leak and Fire: NGT directs OIL to pay Rs 25 crore deposit in connection to Baghjan tragedy

June 25, 2020 10:24 pm

As per the NGT order, the petitioners alleged that OIL had failed to prevent the blowout at Baghjan 5, resulting in “a massive fire causing irreparable loss to the entire biodiversity of the region and loss of lives and property.”

OIL to buy back 4.45% shares for Rs 1,085 crore

November 24, 2018 12:42 am

In a filing to stock exchanges Friday, Oil India said its board has approved buyback of shares at an aggregate of no more than 10 per cent of the fully paid-up equity share capital and free reserves of the company.

OIL starts drilling near Aizawl to tap hydrocarbon reserves

July 08, 2014 1:29 am

The company is currently preparing for hydro-fracturing processes to extract the reserves.

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