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Latest Articles in oil india

Harish Madhav Given Additional Charge Of OIL Chairman

He is a member of the Institute of Chartered Accountants of India (ICAI) and has been Director (Finance) on the Board of OIL since August 2, 2019

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Assam Police Alerts Oil India, ONGC Of Possible Militant Attack

The two PSU energy majors have taken the security input "seriously" and already issued a series of "dos and don'ts" for their staff after meetings with various agencies such as CISF and AISF

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Oil India Cyberattack: Rs 57 Crore Ransom Demand From Hacker

A case was registered under various sections of the Indian Penal Code and the Information Technology Act, 2000, after the company lodged a complaint with the police

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Ranjit Rath Appointed As Oil India's CMD

Oil India's current chairman and managing director Sushil Chandra Mishra will superannuate on June 30 this year

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Government Receives 10 Bids For 8 Oil And Gas Blocks

State-owned Oil and Natural Gas Corporation (ONGC) bid for five out of the eight blocks or areas offered for exploring and producing oil and gas, while Oil India Ltd (OIL) was the only bidder for the two blocks it made an offer for. GAIL was the sole bidder for the lone block on offer from Rajasthan

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Oil India Exits US Shale Venture, Sells 20% Stake For $25 Mn

OIL and Indian Oil Corporation (IOC) had together in October 2012 bought a 30 per cent stake in Houston-based Carrizo Oil & Gas's Niobrara shale asset in Colorado for $82.5 million.

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Fitch Revises Indian GREs' And HPCL's Outlook To Negative, Affirms Idrs At BBB-Minus

The agency expects general government debt to jump to 84.5 per cent of GDP in FY21 from an estimated 71 per cent of GDP in FY20.

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Industrial Goods, Oil, Gas Get Slammed As China Coronavirus Slashes Demand

China's iron ore futures are headed for their biggest weekly loss in six months, oil prices hit their lowest since January, and Tokyo rubber futures have shed 15% since mid-January.

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Reliance Says Purchases Of Venezuelan Oil Have Been Approved By The U.S

We are in frequent communications with U.S. government officials regarding Venezuela and continuously keep them apprised of our actions.

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Indian State Firms Allowed Private Help With Old Oil, Gas Blocks

India is the world's third-largest oil consumer and buys about 80 per cent of its supplies from abroad. Prime Minister Narendra Modi has set a target to cut India's dependence on foreign oil to 67 per cent by 2022

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HOEC Starts Commercial Gas Sale From Dirok Field

HOEC plans to ramp up production to full capacity over the next six months. At full capacity, the Dirok field will contribute over 12 per cent of the total gas produced in Assam, which will help fulfil more than 50 per cent of the current gas shortage in the state

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India Raises Price Of Locally-produced Natural Gas To $2.89 mmbtu

India has also set the ceiling price for gas to be produced from difficult fields at $6.30 per mmBtu for the six months to March 2018 compared with $5.56/mmBtu for the April 2017 to September 2017 period

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India To Acquire Seismic Data Of 48,000 Line Kms To Boost Oil, Gas Output

State-run explorers Oil India Ltd and Oil and Natural Gas Corp Ltd will carry out the 2D seismic survey in areas spread across 24 states

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Hindustan Oil Exploration Company Grants Petroleum Mining Lease To Dirok Gas field

On successful testing and completion of the sixth well, all the six wells in the field are ready to hook up for production

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India’s Crude Oil production For June Up 0.60% On Back Of ONGC, OIL

Both the state run companies, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), country’s biggest oil producers, posted high production for the month of June

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