Oil India

State-owned oil and gas company in India

Oil India Limited (OIL) is a central public sector undertaking engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The central public sector undertaking is a Maharatna, with the Ministry of Petroleum and Natural Gas overseeing its operations. Headquartered in Duliajan, Assam, the company has its offices in Duliajan, Noida, Kolkata, Guwahati and Jodhpur.

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The government has raised the price cap on natural gas from legacy fields, resulting in a 4% increase in effective prices from April 1. This change affects..
Credit: IndiaTimes - Published 1 week ago

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