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Latest Articles in Oil India Ltd OIL

India's Crude Oil Output Drops 5%, Gas Production Falls 8%

India is nearly 85 per cent dependent on imports to meet its crude oil needs. It spent USD 61.9 billion in 2020-21 on import of 198.2 million tonnes of crude oil.

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Oil India Led Consortium To Bid For Acquiring BPCL's Stake In Numaligarh Refinery

NRL is the largest customer of OIL's crude produced from its northeastern fields. The acquisition is expected to improve synergy in OIL's portfolio

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Gas Price Reduction Will Lower Earnings For ONGC, Oil India: Moody's

ONGC's credit metrics have sufficient capacity to withstand the decline in gas prices and remain supportive of its baa3 baseline credit assessment and Baa3 ratings.

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