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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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India, Mozambique agree to develop Rovuma gas find

India and Mozambique today agreed to expedite development of the giant Rovuma gas discovery, which is planned to be converted into LNG for... ...

http://www.business-standard.com/article/pti-stories/india-mozambique-agree-to-develop-rovuma-gas-find-117101800405_1.html
Indian Oil willing to buy GAIL or Oil India - exec

Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, A.K.Sharma, said on Monday... ...

http://feeds.reuters.com/~r/reuters/INtopNews/~3/8s05nefZAPA/indian-oil-willing-to-buy-gail-or-oil-india-exec-idINKBN1CE0NC
India's plan to sell stakes in producing fields to hit state explorers' profit - sources

By Nidhi Verma and Promit Mukherjee NEW DELHI/MUMBAI (Reuters) - India plans to offer stakes of up to 60 percent in oil and gas fields owned by... ...

http://www.sify.com/finance/exclusive-indias-plan-to-sell-stakes-in-producing-fields-to-hit-state-explorers-profit---sources-news-economy-rj1pGKediicee.html
Global HSE conference begins at Hyderabad

GUWAHATI, Sept 21 - The fifth edition of Global HSE Conference and Exhibition on Health, Safety & Environment, hosted by Oil India Ltd (OIL), got... ...

http://www.assamtribune.com/scripts/detailsnew.asp?id=sep2217/oth056
OIL seeks to shareholders' approval raise 7,000 cr through bonds

State-run Oil India Ltd (OIL) will seek shareholders' approval to raise Rs 7,000 crore through bonds. The company has proposed a special resolution... ...

http://www.business-standard.com/article/companies/oil-seeks-to-shareholders-approval-raise-7-000-cr-through-bonds-117082600767_1.html

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