Oil India Limited

Equities

OIL

INE274J01014

Oil & Gas Exploration and Production

Market Closed - NSE India S.E. Other stock markets 07:43:48 2024-04-26 am EDT			5-day change	1st Jan Change
628.4 ^INR	+2.59%		+4.75%	+68.84%

Apr. 16	Deep Industries Secures INR810 Million Contract for Charter Hire of Mobile Rig from Oil India	MT
Apr. 10	Oil India contains leak at well in Assam state	RE

Oil India : India increases local natural gas prices for Oct-March to $2.90/mmbtu

September 30, 2021 at 09:14 am EDT

CHENNAI (Reuters) - India has increased the price of locally produced gas from old fields for October 2021-March 2022 to $2.90 per million metric British thermal units (mmBtu), the government said on Wednesday, amid an increase in global gas prices.

The new price represents a 62% increase from the April-September 2021 price of $1.79/mmBtu, which was the lowest since 2014.

India also increased the ceiling price for gas produced from more challenging fields to $6.13 per mmBtu for October 2021-March 2022 from $3.62 per mmBtu in the prior six-month period, the statement read.

The prices will be applicable on a gross heat value basis.

Natural gas prices affect earnings of state-run producers such as Oil and Natural Gas Corp Ltd and Oil India Ltd.

(Reporting by Sudarshan Varadhan; Editing by Bernadette Baum)

Latest news about Oil India Limited

Deep Industries Secures INR810 Million Contract for Charter Hire of Mobile Rig from Oil India	Apr. 15	MT
Oil India contains leak at well in Assam state	Apr. 10	RE
Ahasolar Technologies Bags INR5 Million Consultancy Contract from Bharat Petroleum	Apr. 05	MT
Oil India plans to start Numaligarh refinery by Dec 2025, chairman says	Apr. 03	RE
Oil India Declares Second Interim Dividend for Fiscal 2024	Mar. 08	MT
Oil India Limited Approves Second Interim Dividend for the Financial Year 2023-24, Payable on or Before 07 April, 2024	Mar. 08	CI
Oil India Limited Approves the Promotion of Executives of the Company to the Level of Executive Directors	Mar. 08	CI
Bangladesh to invite bids for offshore oil and gas exploration	Mar. 05	RE
India sees $4.95 billion investment for natural gas network in Kashmir, northeast	Mar. 04	RE
Oil India Board to Consider Second Interim Dividend for Fiscal 2024	Feb. 28	MT
Oil India Inks Deal With Government Body on Applied Earth Sciences Study	Feb. 26	MT
Oil India Limited Signs MoU with The Fertilisers and Chemicals Travancore Limited to Collaborate in Green Hydrogen Domain	Feb. 22	CI
Oil India Clocks Gains in Fiscal Q3 Consolidated Net Profit	Feb. 14	MT
Transcript : Oil India Limited, Q3 2024 Earnings Call, Feb 14, 2024	Feb. 14
Indian shares set to open lower as hot US inflation spurs rate worries	Feb. 13	RE
Oil India Limited Reports Production Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 13	CI
State-backed Oil India's third-quarter profit falls on lower crude prices	Feb. 13	RE
Oil India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 13	CI
Oil India Limited Announces Resignation of Samik Bhattacharya as Independent Director	Feb. 12	CI
India's ONGC in talks to restart Libya operations, expand in Venezuela - exec	Feb. 09	RE
Oil India looking at return to Libya, more foreign assets - source	Feb. 06	RE
Alphageo (India) Gets INR571.5 Million Contract from Oil India	Jan. 28	MT
Oil India, Assam Power Generation Tie Up for Renewable Energy Collaboration	Jan. 08	MT
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Oil India Limited is an India-based integrated exploration and production company in the upstream sector, which is engaged in providing crude oil and natural gas. The Company's segments include Crude Oil, Natural Gas, LPG, Pipeline Transportation, Renewable Energy and Others. It owns and operates an array of facilities and equipment to carry out seismic and geodetic work, two-dimensional (2D) and three-dimensional (3D) data acquisition, processing and analysis, drilling, oil and gas field development and production, liquefied petroleum gas (LPG) production, and pipeline transportation. The Company owns and operates an approximately 1157 kilometers long fully automated crude oil trunk pipeline between Naharkatia-Barauni. The Companyâs in-country operations are spread over the areas in the states of Assam, Arunachal Pradesh, Mizoram, Tripura, Nagaland, Odisha, Andhra Pradesh and Rajasthan, and offshore areas in Andaman, Kerala-Konkan and KG shallow waters.

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Oil & Gas Exploration and Production

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2024-05-26 - Q4 2024 Earnings Release (Projected)

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