Oil India Ltd, the nation's second biggest state-owned explorer, has roped in French energy giant TotalEnergies to provide technical assistance in finding oil and natural gas reserves in deep and ultra-deepwater areas. "OIL and TotalEnergies inked a technology service agreement on November 19, 2025 in New Delhi to strengthen strategic collaboration for exploration activities in deep and ultra-deepwater offshore frontiers of Indian sedimentary Basins, including the stratigraphic wells as mandated by the government of India," OIL said in a statement on Wednesday. The agreement puts in place a framework to leverage TotalEnergies' expertise in deep and ultra-deepwater exploration value chain across OIL's current and future offshore portfolio. It includes the ongoing appraisal programme of gas find in the shallow offshore blocks in Andaman basin as well as exploration in OIL's ultradeep water blocks in Mahanadi and Krishna Godavari Basins. It also covers evaluation of opportunities under
OIL's oil and gas production was 13-14% lower than guidance in FY25, and recovery did not come in the first six months (H1) of FY26
The state-owned firm's standalone profit, which excludes earnings from joint ventures and overseas operations, fell to 10.44 billion rupees ($118.8 million)
Q2FY26 company results: Firms including Exide Industries, MRF, Siemens, Glenmark Pharma, and Inox Wind are also to release their July-September earnings reports today
Stocks to Watch Today, October 29, 2025: Tata Capital, TVS Motor Company, Adani Green Energy, Larsen & Toubro, and Oil India are among the top stocks to watch during today's trading session
The Indian state-run explorer, along with Indian Oil Corp and Bharat PetroResources, holds a 23.9% participating interest in JSC Vankorneft and a 29.9% stake in Tass Yuryakh Neftegazodobycha
Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts
Stocks to Watch today, October 7, 2025: From Bank of India, HCL Tech to Eternal, here is a list of stocks that will be in focus
Stocks to Watch today, October 1, 2025: From Nestle India, Lupin to ICICI Bank, here is a list of stocks that will be in focus
Oil India shares rose over 3 per cent after it discovered natural gas at its Vijayapuram-2 exploratory well in the Andaman Shallow Offshore Block
Stocks to Watch today, September 29, 2025: From Tata Motors, Oil India to Shriram Finance, here is a list of stocks that will be in focus
Oil India has reported the first natural gas occurrence from its Andaman offshore blocks at exploratory well Vijayapuram-2, marking a step forward in India's hydrocarbon exploration
Stocks to Watch today, September 22, 2025: From IT stocks to MRF, here is a list of shares that will remain on investors' and traders' radar on Monday
State-run oil explorers ONGC and Oil India Ltd are planning to begin a Rs 3,200 crore stratigraphic drilling campaign in untapped offshore areas early next year, as part of efforts to discover new hydrocarbon reserves and cut reliance on imports, officials said. In the first phase, four wells will be drilled in deepsea of Andaman, Mahanadi, Saurashtra and Bengal sedimentary basins. Global energy giant BP will provide technical expertise in identifying the locations as well as drilling, officials said. Stratigraphic drilling - also known as a stratigraphic test well - is a type of exploratory drilling aimed at studying underground geological formations rather than producing oil or gas. These wells are drilled to gather data on subsurface layers through continuous coring, petrophysical logging, and seismic data integration. The objective is to build a detailed geological profile to support future hydrocarbon exploration, without any immediate intent to extract resources. This will he
Hindustan Copper Ltd (HCL) on Friday entered into an initial pact with Oil India Ltd for cooperation on exploration and development of critical and strategic minerals, including copper. The development comes at a time when the country is prioritising domestic production to reduce import dependency on China. State-owned Oil India Ltd (OIL) has a proven expertise in exploration, development, production and transportation of crude oil and natural gas. "In a significant step towards strengthening India's self-reliance in critical and strategic mineral sourcing, Oil India Ltd and Hindustan Copper Ltd signed a Memorandum of Understanding (MoU) on September 19, 2025," HCL said in a statement. HCL, a PSU under the mines ministry, is engaged in mining, production, processing and marketing of copper and related products. It is focusing on mining and beneficiation of copper ore and selling of copper concentrate. Hindustan Copper had earlier told PTI that it plans to bid for critical mineral
Oil India chief expects that the construction of Mozambique LNG project will resume by the end of this year
TotalEnergies halted construction of the project and imposed force majeure in 2021 following a deadly attack on the site by Islamic State-linked insurgents
Despite weak crude prices and policy risks, ONGC and Oil India trade at steep discounts to global peers, with growth projects and NWG premiumisation offering upside potential
Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend tomorrow, Thursday, September 4, 2025
Stocks to Watch Today, Thursday, August 28, 2025: BSE, IndiGO, SMS Pharma, Dr Reddy's Labs, Oil India, BPCL, SBI Cards, Power Grid, are RVNL are among the top stocks to remain in focus today