Last Updated: Friday, June 20, 2014, 00:10
Oil India Ltd, the second biggest state-run explorer in the country, today signed an agreement with Russia's Gazprom for joint pursuit of exploration opportunities across the globe.
Last Updated: Tuesday, June 03, 2014, 17:41
State-owned Oil and Natural Gas Corp (ONGC) has paid a whopping Rs 272,721 crore in fuel subsidy over the past 11 years, denting its profitability.
Last Updated: Wednesday, May 28, 2014, 16:29
Oil India Ltd, the nation's second biggest state explorer, on Wednesday reported a 26 per cent drop in its fourth quarter as oil production fell and subsidy outgo rose sharply.
Last Updated: Wednesday, May 07, 2014, 17:38
Oil India Ltd, the nation's second-biggest state-run explorer, has bought a 50 percent stake in an oil block in Russia for USD 85 million.
Last Updated: Wednesday, April 09, 2014, 15:23
A Regulation S transaction implies that US-based investors cannot participate in the issue.
Last Updated: Monday, April 07, 2014, 21:32
State-owned Oil India Ltd plans to raise USD 900 million in foreign debt to refinance a loan taken to fund its share of a stake in a super-giant Mozambique gas field acquired jointly with ONGC.
Last Updated: Friday, March 14, 2014, 15:26
State-owned ONGC and Oil India Ltd (OIL) on Friday bought 10 percent government stake in Indian Oil Corp (IOC) for Rs 5,340 crore.
Last Updated: Tuesday, February 25, 2014, 19:16
The board of state-owned Oil India Ltd (OIL) has approved the acquisition of a 5 percent stake in Indian Oil Corp (IOC) from the government at a discount to the market price.
Last Updated: Wednesday, February 12, 2014, 21:59
State-owned Oil India Ltd (OIL) on Wednesday reported a 4 percent drop in the December quarter profit after output fell and fuel subsidy outgo surged.
Last Updated: Tuesday, January 28, 2014, 14:09
The government has ordered Oil and Natural Gas Corp (ONGC) to pay a near-record Rs 13,764 crore as fuel subsidy for the December quarter, a move that will dent the firm's profitability.
Last Updated: Wednesday, January 15, 2014, 21:46
After securing almost a third of a giant gas field in Mozambique, India Wednesday pitched for buying most of the natural gas from the project to feed its starving power plants back home.
Last Updated: Tuesday, January 07, 2014, 16:33
State-owned Oil and Natural Gas Corp and Oil India Ltd Tuesday paid USD 2.475 billion to Videocon Group for acquiring 10 percent stake in a giant gas field off Mozambique.
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