‹ All Posts
saurabh mittal

9th May · SEBI-Registered Analyst

Oil India Ltd announced hydrocarbon discovery in Libya's Area 95/96 block

OIL
announced hydrocarbon discovery in Libya's Area 95/96 block, marking a significant exploration success overseas. The company ramped up crude production from Rajasthan's Thar desert Baghewala field to a record 1,202 barrels per day (70% increase YoY), totaling 43,773 MT in FY25-26, enhancing domestic energy security amid geopolitical tensions. Board meeting set for May 13, 2026, to approve Q4/YE FY26 audited results and recommend final dividend.

#WatchOutFor#StockInNews#FundamentalViews
988 likes·57 comments