Oil PSU News

In the next seven to 10 days, India is hoping to get some clarity on the extension and the amount of oil that can be purchased if it gets an extension

The consortium comprising India’s leading Oil and Gas Fortune 500 companies will hold a 100 percent stake in the exploration phase investing

IOC reported a standalone net profit of Rs 716.82 crore for the quarter that ended December 31, surprising analysts, who anticipated a Rs 900-crore loss

IOC, ONGC and NTPC were the top three most profitable public sector companies in 2017-18, while BSNL, Air India and MTNL recorded the highest plunge in balance sheets

The Ministry of Finance is planning a mix of share sales and buybacks by state oil companies to raise the money