Oil India Ltd

Oil India to invest Rs 25,000 crore for net zero emissions by 2040

September 14, 2024 8:16 pm

The net zero plans will go alongside its target to raise crude oil and natural gas production to 9 million tonnes of oil and oil equivalent gas by 2025-26 from 6.5 million tonnes produced in the fiscal year ended March 31, 2024.

Round 3 bidding of Discovered Small Fields set for April 1 start

March 14, 2022 1:08 am

DSF-III offers 32 contract areas, comprising 75 fields/discoveries, with a combined total area of more than 13,000 square kilometres, in nine sedimentary basins

ONGC, Oil India Ltd face risk of subsidy sharing: Moody's

May 22, 2018 1:38 pm

On the issue of price deregulation, Moody's says the government is unlikely to reverse fuel pricing deregulation because it remains committed to reforms.

Oil India signs contract for two oil blocks in Myanmar

December 14, 2014 1:53 am

OIL is the operator with 60 per cent interest in both the blocks.

EGoM to decide on ONGC, OIL stake in IOC

January 16, 2014 3:53 am

Govt clears ETF plan; to raise R3,000 cr in FY14

January 11, 2014 2:43 am

Sources said that retail investors may be given a discount to encourage participation.

Oil India Q2 net drops 5.3%

November 13, 2013 3:42 am

Profits fell as it shelled out 7.5 per cent more fuel subsidy at Rs 2,233.70 crore in the quarter under review.

OVL-OIL to buy 20% in Mozambique gas field

October 05, 2013 4:18 am

OVL and OIL have been permitted by buy Videocon Group’s 10 per cent interest in the Rovuma Area-1 for $2.475 billion.

M&M profit up 13.46% on cost controls

August 14, 2013 3:11 am

The company had reported a profit of Rs 1,026.4 crore for the same period in the previous fiscal.

OIL loses R200 cr due to local disturbances in Assam: CMD

July 03, 2013 1:46 am

State-run Oil India Ltd (OIL) has incurred a loss of at least Rs 200 crore in 2012-13 due to local disturbances in Assam