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  • Oil stocks surge post fuel price hike Jun 27, 2011 09:23 AM IST

    Oil stocks surge post fuel price hike

    Government has scraped customs duty on crude oil and petroleum products by 5%.

  • ONGC may bear Rs 12300cr subsidy burden for Apr-Jun Jun 16, 2011 04:30 PM IST

    ONGC may bear Rs 12300cr subsidy burden for Apr-Jun

    State-owned Oil and Natural Gas Corp (ONGC) may have to shell out a record Rs 12,300 crore in fuel subsidies in the April-June quarter as the government deters from raising retail fuel prices.

  • Buy Oil India; target of Rs 1390: Greshma Research Jun 08, 2011 05:54 PM IST

    Buy Oil India; target of Rs 1390: Greshma Research

    Greshma Research is bullish on Oil India and has recommended buy rating on the stock with a target of Rs 1390 in its June 2, 2011 research report.

  • Buy OIL India; target of Rs 1487: LKP Jun 06, 2011 05:25 PM IST

    Buy OIL India; target of Rs 1487: LKP

    LKP is bullish on OIL India and has recommended buy rating on the stock with a target of Rs 1487 in its June 1, 2011 research report.

  • Oil India keeps Rs 4000-5000cr to acquire oil firm overseas May 31, 2011 10:21 PM IST

    Oil India keeps Rs 4000-5000cr to acquire oil firm overseas

    State-owned Oil India, the nation's second largest explorer that is eager to expand abroad, has put aside Rs 4,000-5,000 crore for acquiring a mid-sized oil producing company overseas.

  • Scouting for oil-producing assets overseas: Oil India head May 31, 2011 04:51 PM IST

    Scouting for oil-producing assets overseas: Oil India head

    State-run explorer Oil India is looking to buy oil-producing assets overseas, Chairman NM Borah told reporters on Tuesday, but did not provide any details on the likely locations.

  • Oil India Q4 net profit up 31% at Rs 563 cr May 30, 2011 06:34 PM IST

    Oil India Q4 net profit up 31% at Rs 563 cr

    Oil India has declared its fourth quarter results. The company's Q4 net profit was up 31% at Rs 563 crore versus Rs 431 crore.

  • Oil India likely to come out with FPO in current fiscal May 29, 2011 12:51 PM IST

    Oil India likely to come out with FPO in current fiscal

    State-run Oil India is on the government's radar for disinvestment in the current fiscal and discussions are currently on to work out the modalities of a further public offer of the PSU, sources said.

  • Still prefer upstream cos to downstream: StanChart Bank May 20, 2011 03:54 PM IST

    Still prefer upstream cos to downstream: StanChart Bank

    The government has hiked the contribution of upstream oil companies toward fuel subsidies to 38.8% for 2010-11 fiscal. In an interview with CNBC-TV18, Rahul Singh, Standard Chartered Bank says, he would still be in favour of upstream. “We are more negative on the downstream at this point of time,” he adds.

  • Govt raises upstream oil cos contribution to fuel subsidies May 20, 2011 12:35 PM IST

    Govt raises upstream oil cos contribution to fuel subsidies

    Government has raised upstream oil companies' contribution to fuel subsidies, reports CNBC-TV18 quoting PTI. At 12:30 hrs ONGC was quoting at Rs 271.40, down Rs 5.90, or 2.13%.

  • ONGC may see 8% impact on burden increase: Antique Broking May 17, 2011 12:55 PM IST

    ONGC may see 8% impact on burden increase: Antique Broking

    Amit Rustagi, Oil & Gas Analyst from Antique Stock Broking, in an interview with CNBC-TV18’s Mitali Mukherjee and Udayan Mukherjee, shared his views on whether the government should have a re-look on the subsidy sharing mechanism and will it impact most of the oil manufacturing companies (OMCs).

  • ONGC can touch Rs 300, says Thacker Mar 14, 2011 11:17 AM IST

    ONGC can touch Rs 300, says Thacker

    ONGC can touch Rs 300, says Mitesh Thacker, miteshthacker.com.

  • Best picks in oil pack- ONGC and Oil India: Irani Feb 01, 2011 06:47 PM IST

    Best picks in oil pack- ONGC and Oil India: Irani

    Best picks in oil pack- ONGC and Oil India, says Mehraboon Irani, Principal and Head- Pvt Client Group Business, Nirmal Bang Securities.

  • Oil India to give up 2 blocks in Libya Jan 27, 2011 03:00 PM IST

    Oil India to give up 2 blocks in Libya

    Oil India will relinquish two exploration blocks in Libya, its chairman NM Borah told reporters on Thursday, as their operations were not viable.

  • Oil India may miss '11 production aim of 3.7 mn tonne Jan 12, 2011 02:59 PM IST

    Oil India may miss '11 production aim of 3.7 mn tonne

    State-run explorer Oil India may miss its target to produce 3.7 million tonne of crude oil in the current financial year ending March, its director for exploration and development BN Talukdar said.

  • Buy Oil India; target of Rs 1499: Aditya Birla Money Jan 04, 2011 11:57 AM IST

    Buy Oil India; target of Rs 1499: Aditya Birla Money

    Aditya Birla Money is bullish on Oil India and has recommended buy rating on the stock with a target of Rs 1499 in its January 4, 2011 research report.

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