OIL India
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March 26, 2021, Friday
BPCL sells 54.16% stake in Numaligarh Refinery to Oil India; 4.4% to EIL
The sale of Numaligarh Refinery Ltd (NRL) clears the way for privatisation of India's second-largest fuel retailer
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March 16, 2021, Tuesday
CBI books Shiv Vani Oil, two promoters for defrauding PNB of Rs 253 cr
Banks, NBFCs are estimated to have given Rs 3,587 crore to company accused of criminal conspiracy, cheating
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March 03, 2021, Wednesday
NRL sale won't help BPCL valuation; proceeds to go as special dividend
The BPCL board had cleared the bids submitted by the OIL-headed consortium on March 1
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February 22, 2021, Monday
OIL to up stake in Numaligarh Refinery via debt, internal accruals
Firm is eyeing the role of a vertically integrated oil company with stake hike
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February 19, 2021, Friday
Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery
As part of a larger plan for disinvestment of Public Sector Undertakings, the government wants to privatise downstream oil ...
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February 18, 2021, Thursday
Engineers India, OIL to jointly bid for BPCL stake in Numaligarh Refinery
The refinery was incorporated on April 22, 1993 and has a 3 million tonnes per annum capacity. It is the largest customer of ...
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February 18, 2021, Thursday
Engineers India and Oil India to bid for 61.6% stake in Numaligarh Refinery
The exact percentage of the stake of OIL and EIL will depend on the extent of right of first offer to be exercised by govt of ...
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February 11, 2021, Thursday
Oil India reports higher Q3 profit over significant tax reversal
Company board declares 35 per cent dividend
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January 15, 2021, Friday
ONGC, OIL not expecting year-end windfall with recovery in crude oil prices
Price movement nudges governments to scale back tax hikes
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December 20, 2020, Sunday
Numaligarh Refinery signs MoU with OIL India to augment pumping capacity
This will help OIL to increase product evacuation from 1.72 million metric tonnes per annum (mmtpa) to 5.50 mmtpa through ...
