Oil India Ltd

NIOC gives green light to Indian OVL to develop Farsi block

Nicosia, Nov 18 (ANI) The National Iranian Oil Company (NIOC) has formally approved the feasibility report submitted by ONGC Videsh Ltd (OVL) and its consortium partners on the discovery made in Iran's Farsi offshore block,...

Fire in OIL gas pipeline

A fire broke out in a gas pipeline of Oil India Ltd (OIL) from a leak caused during pilfering in Dibrugarh district of Assam. The fire was extinguished by putting off the gas valve immediately and there was no injury, OIL...

= UPDATE:India Consortia Bag 3 Oil Exploration Blocks In Egypt

MUMBAI (Dow Jones)--Two consortia of Indian companies led by state-run Gujarat State Petroleum Corp. have been awarded three offshore oil exploration blocks in Egypt, a senior GSPC executive said Friday. "We have committed to...

Iran to provide furnace oil on deferred payments

Thursday, November 06, 2008 TEHRAN: Iran has agreed to provide furnace oil to Pakistan on deferred payments for three months to help Islamabad ensure an uninterrupted fuel supply for power generation and mitigate its economic...

Iran approves ONGC Videsh gas commerciality report of Farsi block

New Delhi, Nov. 2 The gas commerciality report of ONGC Videsh Ltd (OVL) and its consortium partners on the discovery made in Iran’s Farsi offshore block has got the nod of the National Iranian Oil Corporation (NIOC). Official...

ONGC hits dry well in first phase of Cauvery deepwater campaign

New Delhi, Nov. 2 ONGC has not made a very positive beginning in its Cauvery deepwater block as it has hit a dry well in its first attempt. However, undeterred, it plans to drill two more wells in the block this

Oil cos to up security in Assam

State-owned oil producers are planning to upgrade security arrangements protecting their oil installations in Assam following a series of bomb blasts on Thursday that left many dead and injured. Oil and Natural Gas Corporation...

IOC posts Rs7047 crore loss, HPCL profits dip

New Delhi: India’s largest oil marketing and refining company, Indian Oil Corporation (IOC) posted a loss of Rs7047 crore in the second quarter due to reasons such as sale of fuel below cost, foreign exchange losses and...

IOC Q2 net loss at Rs 7,047 cr

New Delhi (PTI): Indian Oil Corp, the nation's biggest oil firm, today reported a net loss of Rs 7,047.13 crore for the second quarter ended September 30, 2008, mainly on account of huge revenue loss on sale of petrol, diesel,...

IOC Q2 net loss at Rs7,047 cr

PTINew Delhi: Indian Oil Corp, the nation’s biggest oil firm, today reported a net loss of Rs7,047.13 crore for the second quarter ended 30 September, 2008, mainly on account of huge revenue loss on sale of petrol, diesel, LPG...

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