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Oil India
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

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

North East  /  Published 05.06.20

Assam oil well blowout unchecked

Oil India Limited on Friday announced an immediate financial relief of Rs 30,000 for each family affected by the May 27 oil well blowout, which continued to spout crude and natural gas at Baghjan in A...
By Umanand Jaiswal in Guwahati

North East  /  Published 04.06.20

Assam oil well blowout wrecks life

Hundreds affected by an oil well blowout in Assam, which has devastated local tea gardens and water bodies, demonstrated on Thursday afternoon seeking Rs 5,000 a day per family till the problem was fi...
By Umanand Jaiswal in Guwahati

North East  /  Published 27.05.20

Explosion at Oil India Limited well in Tinsukia

A massive explosion took place at the production well of Baghjan 5 under Baghjan oil field of Oil India Ltd (OIL) in Tinsukia on Wednesday at 10.30am when operational work was on. A tree on the top of...
By Avik Chakraborty in Dibrugarh

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

North East  /  Published 10.01.20

Survey on gas pipeline

The Assam government has asked the Assam Gas Company Limited (AGCL) to conduct a survey on laying a pipeline to provide house-to-house gas connection in Guwahati and Silchar in the first phase.Assam i...
By A Staff reporter in Guwahati

Business  /  Published 30.11.18

Cairn seeks global allies for local blocks

Anil Agarwal’s Cairn Oil & Gas is scouting for global partners to develop the 41 small and discovered blocks it won in the recent auction.Vedanta chairman Anil Agarwal and Cairn chief executive ...
By Our Special Correspondent in New Delhi

Business  /  Published 23.02.20

Gas prices may be cut by 25%

Natural gas prices in India are likely to be cut by a steep 25 per cent beginning April, in line with the slump in global rates, sources said. The price of most of the natural gas produced by state-ow...
By PTI in New Delhi


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