From a Russian dividend windfall and Mozambique LNG restart to deep Andaman drilling and critical mineral finds in Arunachal and Rajasthan, Oil India Ltd is reshaping its portfolio to secure sustained growth. Oil India Ltd (OIL) sees exploration, overseas business, refining, critical minerals and green energy driving its future growth, Ranjit Rath, Chairman & Managing...
Tag: Oil
Post
Post
GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
The supply deal for up to 900,000 SCMD of natural gas from Oil India’s Rajasthan fields to GAIL is set to boost domestic production, streamline transportation, and expand distribution, reinforcing energy security and improving access. India’s largest natural gas supplier GAIL India and Oil India Ltd have extended their existing gas sale and purchase agreement...
Post
Major Ports Handle Record Cargo Throughput in FY2025
As India expands its global trade footprint and modernises its logistics infrastructure, the country’s major ports have recorded an impressive 4.3 per cent annual growth in cargo handling, increasing from 819 million tonnes (MT) in FY 2023-24 to 855 MT in FY 2024-25. This growth was driven by higher container throughput (10 per cent), fertiliser...
Post
IOC to set up green hydrogen plants at all refineries
Lines up Rs 2 trillion for net zero by 2046.
Post
Government signs OALP-1 for 55 gas and exploitation areas
The government will be signing Open Acreage Licensing Policy (OALP) round-1 contracts for 55 oil and gas exploitation areas.
Post
Contract awarded for 31 Tamil Nadu oil fields
The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016.
Post
Engineers India bags orders worth Rs 2,500 crore from HPCL
Engineers India has bagged orders from HPCL for execution of the Vizag Refinery Modernisation Project (VRMP). EIL will execute the project contract under two separate contracts, PMC Services for major Process Units and packages under U&O and Execution of U&O and PRU Revamp on Open Book Estimate (OBE) Basis.
Post
Emergent Gujarat
With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.
Post
HPC-led Skill Development Institute partners with NSDC under Skill India
Under the government´s Skill India mission, oil PSUs have initiated skill development initiatives for unemployed youth. Oil PSU members, viz., HPCL, IOCL, BPCL, ONGC, OIL, GAIL, EIL and Balmer Lawrie have come together to set up a Skill Development Institute in Visakhapatnam (SDI-Vskp).
Post
Cargo traffic at Major Ports grows by 5.2percent
Major Ports in India handled 315.4 MT of cargo during the first six months of FY2016-17 (April-September) and showed a positive growth of 5.1 per cent as compared to the same period last year. The cargo traffic handled by the Major Ports during the same period last year was 299.5 MT. This improvement of performance is the result of many measures initiated by the Ministry of Shipping to improve the performance of the ports.