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  • Indian oil firms explore using stranded $600 million to buy Russian oil

    India's top four oil companies — Indian Oil Corporation (IOC), a unit of Bharat Petroleum Corporation Ltd, Oil India Ltd and ONGC Videsh Ltd — haven't been able to repatriate dividend income they accrue from their investments in Russian oil and gas fields.

  • Oil India surges as Kotak Equities upgrades stock to 'add'

    Oil India surges as Kotak Equities upgrades stock to 'add'

    The upgrade in the rating by the brokerage firm is driven by the change in its assumption of crude oil prices in the current and next financial year

  • Cyber attacks on Indian oil companies run up to 3.6 lakhs in six months

    Cyber attacks on Indian oil companies run up to 3.6 lakhs in six months

    The study was done as part of civil society group CyberPeace Foundation's eKawach program

  • Oil prices to remain firm as world tries to strike a demand-supply balance

    Oil prices to remain firm as world tries to strike a demand-supply balance

    The factors impacting the crude demand this year are a drop in China’s oil demand on account of lockdown and a surge in commodity prices and sanctions on Russia which have moderated the global economic growth

  • The Tech Weekender: Top news from the world of technology this week

    The Tech Weekender: Top news from the world of technology this week

    Oil India's headquarters faces cyberattack, Twitter prepares ‘poison pill’ to stop Elon Musk's takeover, Google's PPG algorithm can detect the rhythm of your heart, Spotify rebrands Greenroom, Sony and Kirkbi bet big on the metaverse with $2 billion investment in Epic Games and WhatsApp's upcoming feature will show ETA for files

  • Oil India's Duliajan HQ under cyberattack, perpetrators demand $7.5 million ransom

    Oil India's Duliajan HQ under cyberattack, perpetrators demand $7.5 million ransom

    Oil India said that all systems have been shut down, and a probe is underway to resolve the issue.

  • Domestic natural gas prices set to hit record high amid Russia-Ukraine crisis

    Domestic natural gas prices set to hit record high amid Russia-Ukraine crisis

    In the latest revision in September 2021, the government had raised natural gas prices by 60 percent to $2.9 per mmBtu for the October-March period.

  • Oil India Q3 net doubles on tax gains

    Oil India Q3 net doubles on tax gains

    Net profit in October-December at Rs 903.69 crore was 122 percent higher than Rs 406.39 crore in the same period a year back, the company said in a statement.

  • Oil India logs Rs 249 crore loss in Q1 on slump in oil prices

    Oil India logs Rs 249 crore loss in Q1 on slump in oil prices

    OIL had a net loss of Rs 248.61 crore in first quarter of 2020-21 fiscal as compared to a net profit of Rs 624.80 crore in the same period of the previous financial year.

  • Assam oilfield explosion: Two missing firefighters found dead near site, flames continue to erupt from well

    Assam oilfield explosion: Two missing firefighters found dead near site, flames continue to erupt from well

    The Oil India Limited-operated Baghjan oil well in Assam's Tinsukia district had been leaking gas "uncontrollably" for about two weeks, after a blowout at the site on May 27.

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