Oil India Limited: News

01 Nov 2022

LPG Cylinder

Commercial LPG cylinder price reduced by Rs. 115.5 in Delhi

The price of commercial liquefied petroleum gas (LPG) cylinders has been reduced by Rs. 115.5 in Delhi on Tuesday, bringing the cost of the 19kg cylinder down from Rs. 1,859.5 to Rs. 1,744.

19 Mar 2022


Indian Oil Corporation buys Russian crude at deep discount: Report

Indian Oil Corporation (IOC), India's biggest oil company, has reached an agreement with a Russian oil company to buy 3 million barrels of crude oil at a steeply discounted price, NDTV reported.

06 Oct 2021

Narendra Modi

LPG price hiked by Rs. 15; check latest rates here

The prices of Liquefied Petroleum Gas (LPG) cylinders were hiked by Rs. 15 per cylinder on Wednesday.

09 Jun 2020


Assam's Baghjan oil well catches fire after leaking for weeks

On Tuesday, a massive fire erupted at a natural gas well of Oil India Limited (OIL) in Assam's Tinsukia district.

03 Feb 2020


River catches fire in Assam's Dibrugarh; here's what happened

On Monday, the shocking visuals of a river in Assam on fire went viral on social media.

24 Apr 2019

South Korea

Russia calls US tightening of Iran oil sanctions 'aggressive, reckless'

Russia yesterday called the US tightening of oil sanctions on Iran an "aggressive and reckless" policy after Washington announced it was seeking to stop all exports of Iranian crude.

14 Oct 2018

Mukesh Ambani

PM Modi to brainstorm with global CEOs on oil scenario

Prime Minister Narendra Modi will tomorrow brainstorm with Chief Executives of top global and Indian oil and gas companies on emerging energy scenario, with ripples from the US sanctions on Iran and volatile oil prices threatening growth.

04 Jun 2018


Fuel price hike: Working towards a 'long-term' solution, claims Javadekar

After facing massive flak on the rising fuel prices, HRD Minister Prakash Javadekar has recently claimed that the Centre is working for a 'long-term' fix.

31 May 2018


If the government's plan works, fuel-prices could drop by Rs.4-5

After two weeks of fuel prices rising every day, hope is on the anvil. The Center is planning to reduce prices by Rs. 4-5 through a multi-pronged strategy, HT reports.

30 May 2018

Trinamool Congress

Comic Relief: Petrol, diesel prices cut only by 1 paisa

The reduction in petrol and diesel prices was today revised by just 1 paisa/liter, with state-owned oil companies blaming clerical error for previously announcing a cut of up to 60 paise.

29 May 2018

Trinamool Congress

Petrol prices rise for 16th straight day

Fuel prices are on an unobstructed ascent as petrol and diesel prices climbed again, for the 16th day in a row.

10 Feb 2018

Bharti Airtel

These Indian stocks are going strong despite global market turmoil

Stock markets around the world plunged earlier this week, suffering losses following a 4.6% drop in US Dow Jones.

08 Nov 2016


Oil India sets up Rs.50 crore start-up fund

Assam-based Oil India Limited announced that the company set up the Oil India start-up fund of Rs.50 crore to boost new entrepreneurs and ideas for India's oil sector.

11 Oct 2016


Bharat Petroleum to raise $500 million through bonds

Indian oil giant Bharat Petroleum is set to raise nearly $500 million in funds through issuing bonds or via external commercial borrowing.