Last Updated: Thursday, March 14, 2013, 20:40
State-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) Thursday made a joint bid to acquire up to 20 percent stake in a gaint Mozambique gas field.
Last Updated: Thursday, March 07, 2013, 15:29
OIL, which had paid a total dividend of 190 percent in 2011-12, in January declared an interim dividend of 110 percent for the current fiscal.
Last Updated: Tuesday, February 12, 2013, 20:39
State-owned Oil India Ltd on Tuesday reported an over 7 percent drop in its third quarter net profit on higher fuel subsidy.
Last Updated: Wednesday, January 30, 2013, 09:07
The government will offload its 10 percent equity in Oil India Ltd (OIL) on Friday which may fetch the exchequer up to Rs 3,000 crore.
Last Updated: Thursday, November 01, 2012, 15:56
The beginning of drilling on the first well in Gabon by India's flagship explorer was done on Sunday in the presence of senior officials of OIL and Punj Lloyd Upstream Ltd which has the contract for rig service, OIL said in a release.
Last Updated: Thursday, October 04, 2012, 17:17
State-owned Oil India Ltd (OIL) and Indian Oil Corp (IOC) Thursday jointly bought 30 percent stake in Houston-based Carrizo Oil & Gas's Niobrara shale oil and gas assets in Colorado for USD 82.5 million (about Rs 428 crore).
Last Updated: Saturday, September 01, 2012, 17:01
A fire broke out in an oil well of Oil India Ltd in upper Assam`s Tinsukia district early this morning.
Last Updated: Monday, May 28, 2012, 19:51
State-owned Oil India Ltd on Monday said it is in talks to buy 51 percent in billionaire Mukesh Ambani's privately owned firm Reliance Gas Transportation Infrastructure Ltd (RGTIL).
Last Updated: Monday, April 30, 2012, 23:08
S K Srivastava, head of upstream oil regulatory authority DGH, will on Tuesday take over as the Chairman and Managing Director of nation's second biggest state-owned exploration firm, Oil India Ltd.
Last Updated: Wednesday, April 04, 2012, 19:11
State-owned Oil India Ltd (OIL) is in talks to buy a stake in Chesapeake Energy Corp's Mississippi Lime unconventional oil assets in Oklahoma.
Last Updated: Sunday, February 12, 2012, 16:08
The government plans to sell a part of its 78.4 percent stake in OIL in the share sale, the dates of which have not yet been decided.
Last Updated: Saturday, February 11, 2012, 18:30
State-owned explorer Oil India on Saturday said its board of directors have agreed to issue 3:2 bonus shares -- three shares for every two held.
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