Last Updated: Tuesday, July 02, 2013, 21:01
Oil India Ltd Tuesday said it has incurred a loss of around Rs 200 crore in 2012-13 due to hostile working environment in Assam like bandhs, threat to staff and obstruction for not meeting local bodies' demands.
Last Updated: Friday, May 17, 2013, 17:42
Oil India Ltd (OIL) has demanded a revision in price for natural gas for state-owned firms alongside the planned hike in rates for private players like Reliance Industries, saying that the current margins are small.
Last Updated: Sunday, April 14, 2013, 16:03
The project, which comprises of 27 wind turbine generator (WTG) units of 2,000 kilo-watt each, is located at Dangri in Jaisalmer district, the company said in a statement.
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.
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