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RANJIT RATH OIL
OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
Oil India to invest Rs 15,000 crore over three years in deepwater exploration, eyes eight wellsOil India plans to invest approximately fifteen thousand crore rupees in deepwater exploration over three years. The company intends to dri...
Oil India explores route to bring back $300 million stuck in RussiaOil India aims to repatriate a $300 million dividend from Russian oil assets. These funds are currently stranded in Moscow due to Western s...
Numaligarh Refinery Limited to foray into Myanmar post-refinery capacity expansion and surge in Northeast demandNumaligarh Refinery Limited will expand its capacity to nine million metric tonnes per annum. This significant expansion project is schedul...
ONGC chairman selection: Seven shortlisted candidates to face second round of interviewsSeven candidates have been shortlisted for the ONGC chairman and managing director post, with a second round of interviews expected this we...
ONGC gets US licence to resume full Venezuela operations, eyes operatorshipONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...
ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...
Oil India chief Ranjit Rath among applicants for top job at ONGCOil India CMD Ranjit Rath is a leading contender for the ONGC chairman position. Eligibility criteria, including age limits, were relaxed f...
Oil India's $300 million dividend from Russian fields stuck in Russian banks, chairman saysOil India faces a significant hurdle in accessing a $300 million dividend. Funds are currently held in Russian banks. This is due to recent...
Oil India eyes cost optimisation as crude outlook darkensOil India is implementing cost-cutting measures amid softening crude prices, including optimizing logistics and manpower. The company aims ...
Oil India sees restart of Mozambique LNG project by year's endOil India Ltd expects the $20-billion Mozambique LNG project, operated by TotalEnergies and halted in 2021 after insurgent attacks, to rest...
BPCL and OIL sign joint venture agreement for city gas distribution in Arunachal PradeshBharat Petroleum and Oil India have partnered to form a joint venture for developing a gas distribution network in Arunachal Pradesh. This ...
Oil India facing no payment problem in diesel exports to Bangladesh: ChairmanOil India has reported no payment issues for its diesel exports to Bangladesh and smooth transit of equipment for its refinery expansion. T...
OIL looks at ways to bring home $150 mln payout from RussiaState-run Oil India is seeking ways to repatriate its $150 million dividends from Russia through legal and diplomatic channels. Indian Oil ...
Oil India is exploring channels to repatriate its dividends worth $150 million from RussiaOil India, Indian Oil Corporation, BPCL and ONGC have participating interests in multiple oil and gas projects in Russia from which they ea...
Indian state oil companies in talks to buy stake in Tullow's Kenya block: Oil IndiaOil India, along with ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, are talking to Tullow, Rath said, without elabo...
Oil India doubles down on drilling, EOR to boost outputOil India, which reported a record-high profit of Rs 6,810 crore for 2022-23, increased its oil production by 5.5% to 3.18 million metric t...
NRL presents 1st interim dividend of Rs 114.76 Crore to Assam govtNumaligarh Refinery Limited (NRL) presented the 1st Interim Dividend of Rs.114.76 Crore to the Government of Assam for the FY 2022-23 for i...
Ranjit Rath picked to head Oil IndiaHe was selected for the post of chairman and managing director ahead of two directors on the Oil India board and another executive director...
ULFA(I) warns of action against OIL if 'outsider' named as next CMDIn an e-mailed statement to media, ULFA(I) chief Paresh Barua said the group had demanded appointment of qualified indigenous persons to th...