Indian Oil Corporation

Thursday, October 04, 2012 Oil India Ltd. and Indian Oil Corp. said they will acquire a 30% stake in Carrizo's Niobrara shale oil acreage in Colorado, gaining entry to America's booming shale industry.

Monday, September 24, 2012 A consortium of India's state-run companies have jointly bid to acquire stakes in oil-sands assets owned by ConocoPhillips in Canada that are valued around $5B.

Friday, March 19, 2010 The Indian government Friday approved an investment of $2.18 billion during 2010-2015 by three state-run oil companies in Venezuela's Carabobo 1 oil block.

Thursday, February 11, 2010 An OVL-led consortium was awarded a 40% ownership interest in a Mixed Company that will develop the Carabobo 1 Norte and Carabobo 1 Centro blocks located in the Orinoco Heavy Oil Belt.

Thursday, December 03, 2009 The Indian government is in the process of finalizing the master development plan with National Iranian Oil Co. for the Farzad-B gas field, according to junior petroleum minister Jitin Prasada.

Tuesday, December 01, 2009 National Iranian Oil Co. has offered India a 40% interest in phase 12 of the South Pars gas field and 6 million metric tons of liquefied natural gas a year.

Tuesday, September 15, 2009 According to a senior executive, India's state-run oil companies will likely not produce any oil from Iran's Farsi block due to the low value of high-sulfur crude and low returns on investment, but natural gas resources could be developed.

Monday, September 07, 2009 ONGC Videsh and its partners Indian Oil and Oil India could invest $5 billion to develop a massive gas field they discovered in offshore Iran.

Thursday, June 25, 2009 India's state-controlled oil companies are proposing to invest some $5 billion in a gas discovery located in Iran's Farsi Block.

Thursday, April 09, 2009 Four Indian energy firms are considering a joint bid to acquire a minority stake in one of the Orinoco blocks that Venezuela is offering to foreign investors.

Wednesday, February 11, 2009 Touting an optimistic message, some Big Oil executives insist that long-term growth in energy demand remains unchanged.

Friday, December 12, 2008 ONGC and IOC signed a MOU at New Delhi for mutual cooperation in the field of oil and gas exploration, production and marketing.

Tuesday, May 27, 2008 The National Oil Corporation signed an Exploration and Production Sharing Agreement with a Consortium, including Sonatrach, Oil India and Indian Oil.

Friday, March 28, 2008 India's federal government Friday said it will issue INR92.97 billion ($2.3 billion) worth of special bonds to state-run oil marketing companies to compensate them for selling fuel at discounted prices.

Wednesday, January 23, 2008 Indian Oil Corporation Ltd (IOC) and Oil India Ltd (OIL) have joined hands with Sonatrach, the national oil company of Algeria, for production of oil in a Libyan onshore block.

Monday, August 20, 2007 Executives of some Indian state-run oil companies will go on an indefinite strike from Tuesday for higher wages among other things, officials of the executives' union said Monday.

Wednesday, May 09, 2007 A consortium led by India's ONGC Videsh Ltd. has recently struck oil and gas offshore Iran in what could be India's biggest hydrocarbon gas find overseas in recent years.

Thursday, November 02, 2006 Eni and Calik signed an agreement with Indian Oil Company Limited (IOCL) regarding its possible participation in the Turkish Straits bypass project along the Samsun-Ceyhan route.

Friday, September 01, 2006 The Indian government Friday said it is preparing a contingency plan to prevent a total shutdown of oil production and refining operations following a threat from executives at state-run firms to go on an indefinite strike from Tuesday.

Wednesday, June 08, 2005 ONGC Videsh Ltd. and the Indian Oil Corp.-Oil India Ltd. consortium will bid for four or five blocks in Nigeria's upcoming upstream round.