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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......

Cabinet clears auctioning of ONGC, Oil India fields

  The fields will be bid out on the basis of revenue share or the share of oil and gas a bidder offers to the government The Cabinet on Wednesday approved auction of 69 small and marginal oil......

Govt must reduce financial burden of oil firms, says Fitch

Lower oil prices have reduced net margins of two state-owned upstream companies, Oil India Ltd and ONGC Ltd and the government needs to reduce the burden on them, credit rating agency Fitch said on......

IOC, ONGC, OIL among five cos named by US administration for Iran ties

The three Indian firms have been named for their stake in the Farsi offshore block in Iran State-owned ONGC, IOC and OIL are among the five global companies named by the US administration for......

Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

The government is likely to exempt Oil and Natural Gas Corporation and Oil India Ltd from payment of fuel subsidy during the rest of the fiscal due to steep decline in global oil rates to around......
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ONGC, Oil India may seek cost recovery on marginal fields

The fields were not developed due to small reserve size, lack of infrastructure and economic unviability Mumbai: State-owned energy explorers that... ...

http://www.livemint.com/Industry/FuQbWgkX5euYD9v20JCoMO/ONGC-Oil-India-may-seek-cost-recovery-on-marginal-fields.html
HPCL To Partner Shapoorji Pallonji For Rs5,400 Crore LNG Terminal

Ahmedabad: Hindustan Petroleum Corp. Ltd (HPCL) said Tuesday it had entered into a joint venture with Mumbai-based Shapoorji Pallonji Group to set... ...

http://ipanewspack.com/hpcl-partner-shapoorji-pallonji-rs5400-crore-lng-terminal/
Daily Market Strategy - Missing the Magic! Indices set for flat start

We do not need magic to transform our world. We carry all the power we need inside ourselves already. We have the power to imagine better. - JK... ...

http://www.indiainfoline.com/article/news-top-story/daily-market-strategy-missing-the-magic-indices-set-for-flat-start-116042900269_1.html
Govt invites merchant bankers for stake sale in OIL, NFL, RCF

The government intends to sell its 15 percent stake or 7.35 crore shares in National Fertilisers Ltd (NFL) while it will put on block its 5 percent... ...

http://www.moneycontrol.com/news/business/govt-invites-merchant-bankers-for-stake-saleoil-nfl-rcf_6439021.html
Fitch reaffirms Credit Rating of Oil India Ltd

Posted On: 2016-04-27 12:30:04 Fitch Ratings has reaffirmed the credit rating for Oil India Ltd (OIL) as "BBB-" with Stable Outlook. Shares of... ...

http://www.equitybulls.com/admin/news2006/news_det.asp?id=183922

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