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Do companies walk the talk on investing in communities?

4h livemint
New Delhi: Long before India’s corporate social responsibility (CSR) law took effect, community development remained at the centre of philanthropic work for many companies. (9-0)

ONGC Videsh drops plan to build LNG export facility in Iran

15h livemint
New Delhi: ONGC Videsh Ltd has shelved plans to build a $5 billion LNG export facility in Iran and has instead opted to only invest in developing a giant gas field in the Persian Gulf, for which a revised cost is being worked out, an official said. (5-0)

Essar Oilfields awarded drilling contract in India's Cambay basin

2018-02-22 worldoil
MUMBAI -- Essar Oilfields Services India Limited (EOSIL) today announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin. Drilling for the project is expected to commence in April-May 2018. (2-0)

Bharat Petroleum to raise $200 million for Abu Dhabi asset purchase

2018-02-21 livemint
Mumbai: Bharat Petroleum Corp. Ltd (BPCL) plans to raise $200 million to fund the acquisition of a 3% share in the Lower Zakum Concession, Offshore Abu Dhabi, two people aware of the development said. (5-0)

Essar Oilfields eyes 35% rise in FY19 revenue with GAIL as oil rig partner

2018-02-21 business-standard
With Essar Oilfields announcing a contract with GAIL India for an oil drilling rig, the company is looking at a 35 per cent increase in its revenue in 2018-19. The GAIL contract is for drilling three firm plus two optional wells in Gujarat’s Cambay basin. Drilling for the project is expected to commence in April-May 2018. The company has signed a series of onshore and offshore drilling contracts in FY18 with companies like GAIL, ONGC, Oil India and Mercator Petroleum. (2-0)

Oil India Limited - Updates

2018-02-21 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (2-0)

DGH may review plan to sell 60% stake in ONGC, Oil India fields

2018-02-20 livemint
Mumbai/New Delhi: Directorate General of Hydrocarbons (DGH) may be rethinking its plan to sell 60% stake in hydrocarbon blocks held by Oil and Natural Gas Corp. Ltd (ONGC) and Oil India Ltd (OIL), two people familiar with the development said. (2-0)

ONGC Videsh offers to invest $6.2 bn in Iran's giant Farzad-B gas field

2018-02-14 business-standard
With negotiations stuck over pricing of natural gas, ONGC Videsh Ltd has offered to invest USD 6.2 billion in development of Iran's giant Farzad-B gas field in the Persian Gulf while leaving the marketing of gas to Tehran. OVL had last year made its 'best' offer to spend USD 11 billion in developing the Farzad-B field as well as in building the infrastructure to export the gas but Iran has deterred awarding the rights of the field to the Indian firm owing to differences over pricing of the fuel. (5-0)

OVL offers to invest $6.2 bn in Iranian gas field

2018-02-14 moneycontrol
With negotiations stuck over pricing of natural gas, ONGC Videsh Ltd has offered to invest USD 6.2 billion in development of Iran's giant Farzad-B gas field in the Persian Gulf while leaving the marketing of gas to Tehran. (5-0)

Commodity producers, retail lenders and metal firms grew the fastest in Q3

2018-02-14 business-standard
Krishna Kant Ram prasad Sahu & Ujjval Jauhari  Last Updated at February 14, 2018 00:12 IST (30-0)

Oil India shares rise on strong Q3 results

2018-02-12 thehindubusinessline
Oil India Q3 profit jumped 55 per cent to Rs 705 crore ($109.70 million), beating analysts’ average estimate of Rs 688 crore. (14-0)

Oil India gains 2% on strong Q3 nos, bonus recommendation; Jefferies keeps buy

2018-02-12 moneycontrol
Share price of Oil India gained 2.7 percent intraday Monday on the back of strong Q3 numbers and recommendation of bonus issue. (2-0)

Market Live: Sensex rebounds 200 pts, Nifty above 10,500; SBI falls 4%, BOB up 4%

2018-02-12 moneycontrol
9:35 am Buzzing: L&T shares gained more than 1 percent in morning as its subsidiary L&T Hydrocarbon Engineering has signed a major field development EPC contract with Al Dhafra Petroleum Operations Company Limited, Abu Dhabi, UAE, with a value in excess of Rs 2,200 crore. (5-0)

Assam at an advantage with Rs 1 L cr investment commitments

2018-02-10 freepressjournal.in
Guwahati: In its debut summit, Assam has garnered investment commitments worth Rs 1 lakh crore through over 200 business pacts. The pacts were signed at two-day Global Investment Summit. (4-0)

60 small oil, gas fields to be auctioned

2018-02-10 freepressjournal.in
New Delhi : India will auction 60 discovered small oil and gas fields with the potential to produce 194.65 million tonnes of oil and oil equivalent gas, the government said in a tweet after a cabinet meeting. (2-0)