oil india

Oil India looks at a positive future outlook

Posted on December 14th, 2010 in Company Updates, Energy Sector, India Shares, oil india

Oil India looks at a positive future outlook

On one hand when most Oil companies are trying to find out ways to counter losses and come up with winning ideas, OIL India is already geared for a positive future outlook. TK Ananth Kumar, Director of Finance, was quite upbeat about the growth plans at a recent interview where he gave indications that the company is looking forward to a 3% growth in crude oil production in FY11.

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Government increases price of gas by ONGC and Oil India

Posted on May 21st, 2010 in Energy Sector, India, India Shares, oil india, ONGC

Government increases price of gas by ONGC and Oil India

The government has doubled the price of natural gas produced by ONGC and Oil India.

Now the fuel used in automobiles and households in Mumbai and Delhi is going to be costlier by 20 to 35%. The price of CNG is expected to rise by this hike. The government has increased the administered price mechanism (APM) gas price to$4.20 per unit.

Now it is just the same as Reliance Industries’ KG-D6 gas price. As per sources this price has been approved by an empowered group of ministers in the government.

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OIL India closed at 1140 on the listing day

Posted on September 30th, 2009 in oil india, Results

Oil India closed today at 1140 on the listing day, the stock touched a low of 1019 and a high of 1156 , atleast this stock closed at 1140 and have given profit to all the retailers rather than giving loss , NHPC is still below issue price of 36.(Oil+india.)

OIL India closed at 1140 on [...]

OIL India closed at 1140 on the listing day is a post from: First Blog for Indian Financial Market

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