Oil India (OIL) targets Rs 19,000-crore capital expenditure during the 12th Five Year Plan. The explorer is also planning to foray into other sources of energy such as solar and wind.
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OIL, HPCL join hands
Oil India (OIL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation (HPCL) to work together in areas of mutual interest.
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ONGC leads in 10 blocks at Nelp-9
Oil and Natural Gas Corporation (ONGC) has emerged the provisional winner for close to 10 out of the 29 blocks it has bid for in the ninth round of the New Exploration Licensing Policy (Nelp).
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OIL eyes Cauvery Basin
Oil India (OIL) has set its eyes on the Cauvery Basin to start its first offshore exploration activity as an operator under the NELP regime.