Oil India Limited
Government decides to sell 10% IOC stake to ONGC, OIL
17 Jan 2014
A ministerial panel yesterday opted to go in for a block deal on the exchanges to divest the stake, modalities for which are being worked out
RIL, IOC, GAIL-OIL lead race for Haldia Petrochem stake
04 Oct 2013
RIL, which is considered the frontrunner for buying Haldia Petrochemicals' stake, could face formidable competition from the state-owned combine of GAIL and OIL
OVL-OIL buying Videocon's stake in Mozambique's Rovuma for $2.48 bn
25 Jun 2013
The acquisition will be made via a newly incorporated entity in which OVL and OIL are expected to hold 60 per cent and 40 per cent stakes respectively
Retraction of ONGC's Mozambique deal could invite Sebi scrutiny
By By Ravi Kunder | 11 Jun 2013
ONGC's retraction of its press release announcing that its subsidiary OVL and Oil India had signed an agreement to buy Videocon's 10-per cent stake in a Mozambique gas field for $2.48 billion, could attract Sebi action. By Ravi Kunder
OVL, Oil India to buy Videocon’s stake in Mozambique gas field for $2.48 bn
10 Jun 2013
For Videocon, the sale brings in a massive windfall from its passive investment made in early 2008 after it initially paid around $75 million for its 10-per cent stake and spent around $200 million during phase 1
OIL reports major oil find in Rajasthan
05 Mar 2013
Oil India expects crude output at the new discovery to be around 30,000 barrels per day