Sunday, Sep 25, 2022

Oil India Limited

Oil Ministry Seeks Review Of Windfall Tax; Wants Certain Fields Exempt

The SAED on domestic crude oil initially was Rs 23,250 per tonne (USD 40 per barrel) and in fortnightly revisions brought down to Rs 10,500 per tonne

19 September 2022

Total income jumped 88% to Rs 4,705.20 crore in the three-month period ended December 2021.

Oil India Limited Net Profit Jumps 37% In December Quarter

Net profit of Rs 1,244.90 crore in October-December 2021 is compared with Rs 903.69 crore net profit a year back, the company said in a statement.

Oil And Gas Industry

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

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.  

ONGC, OIL, IOC, and BPCL collectively hold a 49.9 per cent dividend stake in Vankor.

SWIFT Ban, Sanctions On Russia To Hurt Indian Oil Companies: Report

Major Indian oil companies such as ONGC, Oil India Limited (OIL), Indian Oil Corporation (IOC), and BPCL have invested in Russian energy projects, according to the report. 

04 March 2022

The output was higher than 2.43 million tonnes production in November 2021.

India's Oil Production Continues To Fall, Down 2% In December

Oil production in December 2021 was 2.51 million tonnes, down from 2.55 million tonnes a year earlier and a target of 2.6 million tonnes.

Pre-Market Report: These Are The 10 Stocks That You Should Watch For Today

Yes Bank's issuer rating has been upgraded from B3 to B2 by Moody's Investors Service. The agency, in a report released on November 10, said it has also changed the bank's outlook 'from stable to positive'.

11 November 2021

Brent crude surged 3.56 per cent to $98.79 per barrel.

Oil At 8-Year High Amid Russia-Ukraine Crisis: Report

In India, the shares of oil companies—ONGC and Oil India Limited jumped as much as 2 per cent to hit an intraday high of Rs 166.50 and Rs 224 respectively. 

22 February 2022


More Than Rs 800 Cr Received In Dividend Tranches From CPSEs: DIPAM Secretary

Its website informs that, Rs 8,096.30 crore has been obtained via dividends from varied Central Public Sector Enterprises (CPSEs) to date. Total receipts now stood at Rs 17,206.86 crore.

18 October 2021