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Oil giant ahoy! ONGC may buy out HPCL in 44K cr deal

The State-owned Oil and Natural Gas Corporation may acquire India's third-biggest fuel retailer HPCL in an approximately 44,000 crore (USD 6.6 billion) deal as part of the government's plan to......

Oil India wants to develop a major belt in Rajasthan: Utpal Bora

'The rejig would see overhaul of the entire company, including personnel management and deployment, structure, subsidiaries and financial allocation.' State-run Oil India Ltd (OIL) is set to usher......

Auction of oil, gas fields with Rs 70K cr reserves from July

India liberalised its exploration and production regime almost two decades ago when in early 1990s it auctioned about 28 fields to private and public investors. India on Wednesday announced auction......

India seeks bids for oil, gas fields in first auction since 2010

The world's fourth-biggest oil and gas consumer imports nearly three-quarters of its energy requirements India is putting up for auction nearly four dozen small oil and gas fields in the first......

India in driver's seat as fuel demand roars at fastest rate ever

India has already pipped Japan as the world's third-largest oil consumer. Image: Sales of passenger cars and utility vehicles in India are expected to grow by as much as 12 percent in the next......
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OIL raises $500 mn in overseas bonds to part repay bridge loan

State-owned Oil India Ltd has raised USD 500 million through overseas bonds to pay for the bridge loan it had taken to acquire stake in Russian... ...

http://www.business-standard.com/article/pti-stories/oil-raises-500-mn-in-overseas-bonds-to-part-repay-bridge-loan-117041200610_1.html
Pradhan

India will soon launch the second round of auction of discovered oil and gas fields of state- owned ONGC and Oil India Ltd, Oil Minister Dharmendra... ...

http://www.business-standard.com/article/pti-stories/2nd-round-of-oil-field-auction-soon-pradhan-117032700969_1.html
TABLE-India's Feb oil output falls 3.4 pct y/y - govt data

March 22 (Reuters) - Indian refiners processed about 2.33percent less oil in February from a year ago at 19.05 milliontonnes, or about 5 million... ...

http://www.sify.com/finance/table-indias-feb-oil-output-falls-34-pct-yy---govt-data-news-commodities-rdwqumchacedi.html
Oil India to buy back shares worth Rs 1,527 crore

Oil India Ltd, the nation#39;s second largest state explorer, today said it will buy back 4.49 crore shares for Rs 1,527 crore, joining the list of... ...

http://www.moneycontrol.com/news/business/oil-india-to-buy-back-shares-worth-rs-1527-crore_8664681.html
Dull End to the Week; IT Stocks lead

Posted by Equitymaster Share markets in India remained subdued in the afternoon session and finished flat ahead of UP state elections to be... ...

http://www.equitymaster.com/tm/tm.asp?date=3/10/2017&title=Dull-End-to-the-Week-IT-Stocks-lead

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