Net Profit: Rs 19,460 Cr Traditionally a petrochem company, Reliance Industries

Rakteem Katakey / New Delhi October 16, 2008, 0:56 IST

Cairn India, which found India

BANGALORE: Oil India (OIL) plans to invest Rs. 4,500 crore in the next two years to expand its activities, including exploration for oil and natural gas. Part of this may be raised from its proposed public offer and the balance from internal accruals, Chairman and Managing Director M. R. Pasrija told reporters here on Tuesday.

NAZIRA, Oct 13: The ONGC(L) though booking profits from the crude oil of Asom yet it seems to be reluctant to give thought to the problems of oil field areas.

Manas Dasgupta

He was speaking at a function to celebrate the golden jubilee of the first oil find in India

CAMBAY (GUJARAT): The Centre is considering a proposal to introduce dual pricing policy for diesel, Petroleum and Natural Gas Minister Murli Deora has said.

NEW DELHI: Reliance Industries Limited (RIL) is all set to begin test run of its new oil refinery at Jamnagar in Gujarat that would help boost supply of oil products.

In some ways, it is like having the midas touch: turning coal into black gold, or oil. Given that India has abundant reserves of coal, extracting oil from coal

Rakteem Katakey / New Delhi September 27, 2008, 0:17 IST

The petroleum ministry has recommended that successful bidders in its proposed coal-to-liquid project should share a portion of their profits with the government, similar to what oil exploration firms are doing.

NEW DELHI: The Union Petroleum and Natural Gas Ministry is likely to award 45 blocks for exploration of oil and gas in the next few days after a Committee of Secretaries finalised its report and sent the recommendations for approval to the Union Cabinet.

Itanagar, Sept 25: Arunachal Pradesh has produced over eight lakh tonnes of crude oil from its oil fields located at Changlang district till date.
Official sources here today said altogether 8,79,924.74 tonnes of crude oil have been extracted from the district by various oil companies since oil exploration started and the state government earned a total revenue of over Rs 141 crore.