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State-run Oil India Ltd (OIL) will seek shareholders approval to raise Rs 7,000 crore through bonds.

Oil India Ltd to buyback 4.45 per cent shares for Rs 1,085 crore

Govt is targeting a minimum Rs 5,000 crore through share buyback offers of state-owned firms like Coal India and BHEL.

23 Nov 2018 12:30 PM GMT

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Oil Ministry intensifies monitoring of ONGC fields

Current recovery factors of ONGC and Oil India for crude oil are as low as 27 per cent and 23 per cent.

16 July 2017 5:54 AM GMT

The government has so far garnered about Rs 16,000 crore through buybacks by five PSUs including NMDC and Coal India.

Oil India to buy back shares worth Rs 1,527 crore

Oil India shares ended 0.5 per cent down at Rs 334 apiece on the BSE.

20 March 2017 3:16 PM GMT

Heads of prominent oil manufacturing firms in the country such as HPCL, IOC and BPCL have agreed to the scheme and issued circulars to dealers about it.

OMCs plan to change petrol, diesel prices daily

Presently, leading Oil Marketing Companies change prices of diesel and petrol every fortnight.

7 April 2017 7:27 AM GMT

Heavy rush at a petrol pump following the demonetization of Rs 1000 anf Rs 500 notes, in Thane. (Photo: PTI)

First five cities chosen for daily petrol, diesel price change

State refiners currently revise fuel prices every fortnight to reflect volatility in currency and global oil markets.

12 April 2017 10:18 AM GMT

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

What consumers need to know about daily price change

Prices of petrol, diesel will change every morning at 6 am and will be valid till 6 am of next morning.

16 Jun 2017 6:37 AM GMT

Oil and Natural Gas Corporation

State oil producers bailed by government

Govt will not insist on levy of Rs 7,223 crore interest on payments that were due from April 2008.

28 Feb 2017 11:21 AM GMT

Oil and gas is major contributor to countrys energy needs.

HPCL joins talks to buy stake in Russian oil fields

The investments have taken the total outlay in Russia this year to USD 5.46 billion.

26 Jun 2017 5:09 AM GMT