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Zee Business Managing Editor Anil Singhvi has recommended buying into Oil India. The stock looks to be moving in the wake of ONGC. Since ONGC has already moved higher, it seems Oil India will follow, says Singhvi. The rise in the crude price is also one of the reasons why the stock price is set to move up.&nbsp;

Anil Singhvi recommends Oil India share, reveals top trigger that will boost this counter

State-owned oil and gas explorer Oil India (OIL) and the Assam government may acquire Bharat Petroleum Corporation's entire 61 per cent stake in the Numaligarh Refinery (NRL), retaining the public sector character of the Assam-based entity.

OIL may hold 74% in BPCL's NRL, Assam 26%

Selling just 18%&nbsp;out of the government's 68.07%&nbsp;shareholding in Oil and Natural Gas Corp (ONGC) will fetch over Rs 41,000 crore at current market price, many times more than the investment commitment it may get from giving away 60%&nbsp;in 11 identified oil and gas fields of the company, they said.

Privatise ONGC, selling 18% can fetch Rs 41,000 crore 

Between November 2014 - September 2017, the domestic natural gas prices have declined by nearly 51%. The ministry will release the new price of this indicator for October 2017 - March 2018 period.&nbsp;

Natural gas price increases by 17% to $2.89; first rise in 3 years

Sources said initially ONGC got service companies involved in raising output by offering them incentive if production was raised by pre-set milestones over and above the current levels.

Govt plans to sell stake in ONGC oilfields to private firms

Price of natural gas, used for generating power and making fertiliser and petrochemicals as well as CNG for automobiles, is likely to rise to $2.7 per million British thermal unit for the period from April 1, 2017 to September 30, 2017 from current $2.5 per mmBtu, industry sources said.

Natural gas price likely to be hiked by 8%

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), had in June 2013 bought 10%&nbsp;stake in the Offshore Area 1 from Videocon Group for&nbsp;$2.475 billion. This stake was later divided between OVL and Oil India Ltd in 60:40 ratio.

ONGC's $2.4 billion Mozambique deal under Oil Min scanner

BSE Sensex has increased nearly 8% year-to-date with BSE Oil Index jumping nearly 2% on Thursday.&nbsp;

BSE Oil index reaches highest level since 2008

Oil India-led PSU consortium to buy stakes in two Russian oil fields

Disinvestments in recent past, including of NHPC, NTPC and Indian Oil Corporation, had witnessed tepid retail investor response.

Govt may offer bluechip PSU shares to institutional investors

The government wants to raise 565 billion rupees from the sale of stakes in state-owned enterprises in the 2016/17 financial year.

India to sell Rs 2794 crore stake in NHPC

oil-india

ONGC, Oil India rise in weak market on project milestone, policy comfort and strong outlook from brokerages.
 

Why ONGC, Oil India shares are rising today

Upstream oil stocks rally on the back of a sharp rise in global crude prices; Oil India trades above Rs 485, ONGC gains over 6 per cent in intra-day trade.
 

Shares of Oil India, ONGC gain up to 10%; check what's driving oil stocks 

Oil India Limited holds a 4 per cent interest in Area-l Offshore Rovuma Basin Block in Mozambique through a Joint Venture entity, Beas Rovuma Energy Mozambique Limited (BREML). The initial development of the project is through two LNG trains of total capacity 13.12 MMTPA.

Oil India Share Price: Why Maharatna OMC stock is under pressure today?

Oil India gains momentum after natural gas discovery in Andaman offshore block, while L&amp;T futures may face short-term profit booking amid recent rally.

Pick of the Day: Anil Singhvi recommends these stocks for short-term gains; check details 

To extend the existing gas sale and purchase agreement for another 15 years, GAIL (India) has signed an agreement with Oil India Limited (OIL), starting from 1st July, 2025.

GAIL, Oil India extend gas supply agreement by 15 years for Rajasthan block

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Oil India

Anil Singhvi recommends Oil India share, reveals top trigger that will boost this counter

OIL may hold 74% in BPCL's NRL, Assam 26%

Privatise ONGC, selling 18% can fetch Rs 41,000 crore

Natural gas price increases by 17% to $2.89; first rise in 3 years

Govt plans to sell stake in ONGC oilfields to private firms

Natural gas price likely to be hiked by 8%

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Why hybrid funds are trending in 2026: Experts explain stability, growth strategy

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