Oil India (OIL) Stock Overview

Oil India Limited engages in the exploration, development, and production of crude oil and natural gas in India and internationally. The company operates through Crude Oil, Natural Gas, Liquefied Petroleum Gas (LPG), Pipeline Transportation, Renewable Energy, and Others segments. It is also involved in the transportation of crude oil and natural gas, and production of LPG, as well as in the pipeline transportation services. The company owns and operates automated crude oil trunk pipeline comprising an area of 1,157 kilometers, and drilling rigs and workover rigs. In addition, it generates energy through wind and solar power projects. Further, the company has participating interests in exploration blocks in Assam, Mizoram, and Andhra Pradesh, as well as in various projects in Libya, Gabon, Nigeria, Venezuela, Mozambique, Bangladesh, and Russia. Oil India Limited was founded in 1889 and is based in Noida, India.