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OIL reports significant increase in Q4 2020-21 EBITDA at ₹ 1754.83 crore as compared to EBITDA in Q4 2019-20

OIL reports significant increase in Q4 2020-21 EBITDA at ₹ 1754.83 crore as compared to EBITDA in Q4 2019-20

🕔05:32, 22.Jun 2021

Oil India Board in its 522nd Board Meeting held on 21st June, 2021 approved the Q4 and FY 2020-21 results. Highlights and financial performance of the Q4 and FY 2020-21 are as follows: Highlights: The Company has reported significant increase

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OIL Hospital Duliajan Continues its Fight against Second Wave of COVID-19

OIL Hospital Duliajan Continues its Fight against Second Wave of COVID-19

🕔20:08, 1.Jun 2021

Duliajan, 01stJune 2021:As India faces an escalating surge of Covid-19 cases across the country in its second wave of infections, OIL India Hospital continues to play a proactive role in tackling the crisis.While ensuring continuous supply of energy to the

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OIL under its CSR supports Assam Volleyball Mission

OIL under its CSR supports Assam Volleyball Mission

🕔20:22, 5.Apr 2021

Duliajan, Monday 5, 2021:As part of its CSR initiative towards promotion of sports, Oil India Ltd has committed to support a grassroots volleyball development program in partnership with Assam Volleyball Mission 100 (AVM100). AVM100 is a registered public charitable Trust

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MOZAMBIQUE  OFFSHORE AREA 1 CONFIRMS MOZAMBIQUE LNG PROJECT FINANCING

MOZAMBIQUE OFFSHORE AREA 1 CONFIRMS MOZAMBIQUE LNG PROJECT FINANCING

🕔05:47, 25.Mar 2021

Oil India Limited (the “OIL”), the National Oil Company of India, announces that Mozambique Rovuma Offshore Area-1 Project (the “Project”) has satisfied all the conditions precedent for the first debt drawdown of the project financing, which wasfinalized by the Project

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Oil India Limited (OIL) led consortium to bid for acquiring stake of BPCL in Numaligarh Refinery Limited

Oil India Limited (OIL) led consortium to bid for acquiring stake of BPCL in Numaligarh Refinery Limited

🕔20:58, 18.Feb 2021

Oil India Limited (OIL) in consortium with Engineers India Limited (EIL) has decided to bid for acquiring 61.65% stake of Bharat Petroleum Corporation Limited(BPCL) in Numaligarh Refinery Limited (NRL). The bid is to be submitted through a formal process. The

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Upstream Ahead – Oil & Gas Exploration & Production – Towards Vision 2050’ Virtual Summit on February 2021

Upstream Ahead – Oil & Gas Exploration & Production – Towards Vision 2050’ Virtual Summit on February 2021

🕔19:16, 16.Feb 2021

The first edition of ‘Upstream Ahead – Oil & Gas Exploration & Production – Towards Vision 2050’ summit was held on February 11-12, 2021, under the aegis of MoPNG and DGH, providing a platform for all key stakeholders to come

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OIL reported 122.37% increase in PAT for Q3 of 2020-21 to Rs. 903.69crore against PAT of Rs. 406.39crore

OIL reported 122.37% increase in PAT for Q3 of 2020-21 to Rs. 903.69crore against PAT of Rs. 406.39crore

🕔04:46, 12.Feb 2021

Oil India Limited (OIL), India’s second largest National Exploration & Production Company, in its 519thBoard Meeting held on 11thFebruary, 2021 approved the Q3 and 9 M FY 2020-21 results. Details of Q3 and 9M FY 2020-21 results are as follows:

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Oil India Limited adopts ITI, Lahowal

Oil India Limited adopts ITI, Lahowal

🕔21:49, 3.Feb 2021

Duliajan, February 3rd, 2021:Oil India Limited (OIL), India’s second largest National Exploration & Production Company, adopts ITI, Lahowal as a centre of excellence under OIL’s CSR. MoU between OIL and Directorate of Employment & Craftsmen Training (DECT), Assam Government was

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SAKSHAM 2021- Inaugural and Pledge taking on 18th January 2021- PIPELINE SPHERE- ASSAM-WEST BENGAL- BIHAR

SAKSHAM 2021- Inaugural and Pledge taking on 18th January 2021- PIPELINE SPHERE- ASSAM-WEST BENGAL- BIHAR

🕔05:21, 26.Jan 2021

As directed by Petroleum Conservation Research Association (PCRA), Ministry of Petroleum & Natural Gas, Govt. of India, SAKSHAM 2021 was inaugurated today in OIL’s Pipeline Headquarters, Narengi  amidst pledge taking, playing of the SAKSHAM 2021 speech by Shri Dharmendra Pradhan

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OIL launches project on women’s health and hygiene in Assam district

OIL launches project on women’s health and hygiene in Assam district

🕔17:06, 26.Dec 2020

Guwahati, Dec 26  The state-owned OIL has launched ‘OIL Shakti’, a society-based sanitary napkin production and marketing unit in Assam, to promote the menstrual health and hygiene management among women of vulnerable communities so as to reduce maternal and infant

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Revenue constrained govt may push oil PSUs short on FY21 capex to pay higher dividend

Revenue constrained govt may push oil PSUs short on FY21 capex to pay higher dividend

🕔14:47, 24.Dec 2020

New Delhi, Dec 24 Oil sector public sector undertakings (PSUs) may have to bear a larger share of additional dividend payment to the government this year with almost all companies falling behind on their capex plan for the current fiscal.

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OIL signs MoU with NUMALIGARH REFINERY LIMITED (NRL)

OIL signs MoU with NUMALIGARH REFINERY LIMITED (NRL)

🕔17:15, 18.Dec 2020

On 18th December, 2020, the Memorandum of Understanding (MoU) between OIL INDIA LIMITED (OIL) & NUMALIGARH REFINERY LIMITED (NRL) was signed to augment OIL’s existing pumping capacity through Numaligarh Siliguri Pipeline to increase product (Motor Spirit, High Speed Diesel and Superior Kerosene

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Assam’s blowout well successfully killed, fire fully doused: OIL

Assam’s blowout well successfully killed, fire fully doused: OIL

🕔07:16, 16.Nov 2020

Guwahati, Nov 16  After nearly six months, state-owned Oil India Ltd’s (OIL) blowout well in Assam’s Tinsukia district has been successfully “killed” and the 160-day-long fire there was doused completely on Sunday, officials said. “The well has been killed with

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OIL reports Rs 238.95 crore net profit in Q2

OIL reports Rs 238.95 crore net profit in Q2

🕔22:20, 9.Nov 2020

New Delhi, Nov 9  State-owned oil and gas explorer Oil India Ltd (OIL) on Monday reported a net profit of Rs 238.95 crore during Q2 of FY21 202 as against the reported net loss of Rs 248.61 crore during Q1

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Update on Baghjan Blowout as on 05th November, 2020

Update on Baghjan Blowout as on 05th November, 2020

🕔05:22, 6.Nov 2020

Well Control Operation: The snubbing unit which has been brought from Calgary, Canada reached Baghjan well site yesterday evening. With all equipment and accessories related to Snubbing Operation in place at site, arrangement for placing snubbing unit is in progress. It

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Govt puts gas under standard bidding route for transparent price discovery

Govt puts gas under standard bidding route for transparent price discovery

🕔21:49, 7.Oct 2020

New Delhi, Oct 7  In a big reform initiative, the government on Wednesday decided to put domestically produced gas under a standard price discovery mechanism to help scale up local production from fields of ONGC, OIL, Reliance and Vedanta and

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Oil India Limited holds its 61st Annual General Meeting

Oil India Limited holds its 61st Annual General Meeting

🕔05:27, 30.Sep 2020

Fiscal 2019-20- a year of achievements as well as significant challenges for the Company Reported Revenue of Rs. 13,649 crores and profit after tax of Rs. 2,584 crores. Annual domestic production of crude oil was 3.133 MMT and domestic natural

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Assam oil well fire: Villagers launch stir against delay in compensation

Assam oil well fire: Villagers launch stir against delay in compensation

🕔07:19, 18.Sep 2020

Guwahati, Sep 18  The villagers affected by the more than three-month-long raging fire and gas leakage from an oil well of the state-owned Oil India Limited (OIL) field at Baghjan in eastern Assam, on Thursday launched a road blockade demanding

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Blowout in Gas Well of Oil India Limited at Baghjan, Tinsukia 21st August 2020

Blowout in Gas Well of Oil India Limited at Baghjan, Tinsukia 21st August 2020

🕔06:26, 22.Aug 2020

Well Control Operation: Heat shields installed over BOP stack to protect from excessive heat. Repairing/modification job of damaged casing head housing is in progress. Once the modification arrangement is completed, cement dumping to casing annulus will be carried out. All

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Blowout in Gas Well of Oil India Limited at Baghjan, Tinsukia 18th August 2020

Blowout in Gas Well of Oil India Limited at Baghjan, Tinsukia 18th August 2020

🕔19:29, 18.Aug 2020

Preparation for Capping the Well:After yesterday’s successful capping operation, all arrangement for carrying out well killing operation like connections of kill lines and choke manifold lines have been completed. Final killing operation (pumping in mud with high pressure into the

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