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Oil India
Business  /  Published 02.01.20

Poor response to oil auction

The fourth round of auction for oil and gas blocks saw only two PSUs — ONGC and Oil India Limited — submitting bids for seven fields. Oil and Natural Gas Corporation (ONGC) bagged all the seven oi...
By Our Special Correspondent in New Delhi

Business  /  Published 25.12.19

Panel to resolve oil, gas field feuds

The government has set up an expert committee for the time-bound resolution of exploration and production disputes without having to take resort to a lengthy judicial process.The “committee of exter...
By PTI in New Delhi

Business  /  Published 14.03.19

Prized ONGC asset sale nixed

Top executives of Oil and Natural Gas Corporation (ONGC) and bureaucrats within the government have successfully thwarted an attempt by the Niti Aayog to privatise the country’s largest oil and gas ...
By Our Special Correspondent in New Delhi

Business  /  Published 23.11.18

Oil India in share buyback mode

Oil India Ltd has joined the list of PSU firms to come out with a share buyback programme. The oil and natural gas exploration company will purchase 5.04 crore of its shares for over Rs 1,085 crore.Th...
By Our Special Correspondent in Mumbai

Business  /  Published 31.03.20

Move to slash gas rates by 26%

Domestic natural gas prices were cut by a steep 26 per cent, the lowest since the formula-driven pricing was introduced in 2014. The cut will dent the revenues of producers such as ONGC and Oil India,...
By Our Special Correspondent in New Delhi

Business  /  Published 10.02.20

GAIL profit tanks 25%

State-owned GAIL India’s net profit dropped 25 per cent in the December quarter because of a slump in margins on natural gas marketing as well as LPG and liquid hydrocarbons.The net profit at Rs 1,2...
By Our Special Correspondent in New Delhi

Business  /  Published 22.01.20

OIL pleads against AGR notice

State-owned Oil India Ltd (OIL) on Wednesday said it has filed a clarificatory petition in the Supreme Court against a Rs 48,000-crore demand raised by the department of telecom following the verdict ...
By Our Special Correspondent in New Delhi

North East  /  Published 30.05.20

Oil blowout threatens survival of villagers

Villagers of Baghjan, which was hit by an explosion in a nearby Oil India Limited well on Wednesday morning, on Saturday said their survival was at stake if chemicals continue to leak from the well in...
By Manoj Kumar Ojha in Doomdooma

North East  /  Published 08.06.20

Capping first bid by Indians

Oil India and ONGC personnel will take the first shot at capping the May 27 oil well blowout in upper Assam despite the arrival of three experts from Singapore who reached Duliajan, Oil India’s fiel...
By Umanand Jaiswal in Guwahati

Business  /  Published 30.01.20

Telco dues hearing on February 3

The Supreme Court will hear on Monday a plea of the telecom operators to set a fresh schedule to pay the adjusted gross revenue worth Rs 1.47 lakh crore to the department of telecom.The court has lis...
By Our Special Correspondent in New Delhi


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