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Oil India was formed in 1959 to operate this new field and other nearby concessions, with Burmah Oil holding 2/3rd equity holding and Government of India holding 1/3rd equity. Later in 1961, this was changed to 50/50 shareholding. In 1982, Burmah Oil transferred all its shares to Government of India and Oil India became 100% Government owned.
The Indian Oil Group owns and operates 11 of India's 23 [27] refineries with a combined refining capacity of 80.7 million tonnes per year. [28] Indian Oil's cross-country pipeline network, for the transport of crude oil to refineries and finished products to high-demand centres, spans over 13,000 km.
In January 2014, OVL and Oil India completed the acquisition of Videocon Group's ten percent stake in a Mozambican gas field for a total of $2.47 billion. [16] In June 2015, Oil and Natural Gas Corporation (ONGC) gave a ₹ 27bn ($427m) offshore contract for the Bassein development project to Larsen & Toubro (L&T). [17]
State public service commissions of India (25 P) U. Union Public Service Commission (3 C, 22 P) ... National Recruitment Agency; R. Railway Recruitment Control Board; S.
Crude Oil Maharatna 153 Oil India Limited: 1981 Ministry of Petroleum and Natural Gas: Duliajan, Assam: Mining Crude Oil Navratna 154 ONGC Videsh: 1965 Ministry of Petroleum and Natural Gas: Mining Crude Oil 155 ONGC Mangalore Petrochemicals Limited: 2006 Ministry of Petroleum and Natural Gas: Karnataka: Manufacturing Petrochemicals 156 ...
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Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It operates three refineries in Bina, Kochi and Mumbai. [4]