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Oil India Ltd

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India's biggest oil, gas bid round gets 4 bidders

India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate......

Good news for RIL, ONGC as govt scraps windfall tax

The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil......

ONGC, Oil India considering bid for Mozambique gas stake

State-owned Oil and Natural Gas Corp's overseas arm and Oil India Ltd are considering a joint bid for a 20 percent stake in a Mozambique gas field, two sources familiar with the matter told......

Oil India share sale fully covered

A $575 million share auction in state-run Oil India Ltd was fully covered on Friday, provisional data from the National Stock Exchange showed. By 2.59 pm, the offer had received bids for 75 million......

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......

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