Oil India Limited: News
Oil India plans Rs. 25,000cr investment in renewable energy
State-run Oil India is planning to invest Rs. 25,000 crore in renewable energy to achieve its net-zero emissions goal by 2040, as per Chairman and Managing Director, Ranjit Rath.
Oil India to invest Rs.16,500 crore to meet net-zero goals
Oil India Ltd has announced plans to invest Rs. 16,500 crore in clean energy projects to achieve its net zero carbon emissions goal by 2040.
Oil India gets Maharatna tag, ONGC Videsh upgraded to Navaratna
Oil India has achieved Maharatna status, while ONGC Videsh is now a Navratna company.
CNG, PNG get 10% cheaper from tomorrow under revised guidelines
The Centre's decision on Thursday to link domestic gas prices to crude oil will reduce the price of compressed natural gas (CNG) and piped natural gas (PNG) from Saturday.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.