Sunday, Jan 29, 2023

Oil India


SC stays NGT’s Baghjan ruling, flags Oil India MD presence on compensation panel

July 01, 2021 10:05 pm

The petitioners raised questions of conflict of interest as the Managing Director of Oil India (OIL) was a member of the committee appointed by the NGT to determine compensation.

ONGC bags 7 blocks, OIL 4 in latest round

October 23, 2020 9:48 am

ONGC won seven blocks while OIL won the other four blocks, with only one bid coming from the private sector from Invenire Petrodyne Ltd.

DoT seeks Rs 48,000 crore from Oil India in telecom dues; company to challenge it in TDSAT

January 20, 2020 4:53 pm

Oil India Ltd (OIL) is the second oil and gas firm after GAIL India to have been slapped a demand notice. From gas utility GAIL, the DoT has sought Rs 1.72 lakh crore.

Oil India grade B senior officer recruitment applications closing soon, salary of Rs 1.80 lakh

September 26, 2019 11:08 am

Oil India grade B senior officer recruitment 2019: The application process will be closing on September 28. Interested candidates can apply at Candidates can expect a salary up to Rs 1.80 lakh per month.

Govt to auction small oil fields to private companies

September 03, 2015 11:34 am

While oil is priced at global benchmark currently, a complex international hub based formula determines gas price, which is roughly half of the rate at which India imports gas.

New slab-based formula for petroleum subsidy on the anvil

January 22, 2015 1:47 am

Plan expected to take into account declining global crude prices.

Oil Ministry to overhaul exploration policy: Dharmendra Pradhan

October 26, 2014 2:55 pm

Oil Minister Dharmendra Pradhan plans to overhaul the exploration policy to attract investors.

Oil India decides to restructure

September 17, 2014 5:19 am

Government-owned explorer Oil India has decided to restructure itself.

ONGC, Oil India subsidy bill to almost halve

August 27, 2014 5:14 am

OMCs’ losses to be shared equally by govt and upstream firms.

ONGC, Oil India to buy Indian Oil stake at Rs220/share

March 07, 2014 2:56 am

Oil minister M Veerappa Moily had on February 28 confirmed the sale would happen at 10 per cent discount.