Oil India Ltd 2019 AR2
The report highlights Oil India Limited's performance for the fiscal year 2018-19, marking its 60th anniversary. The company achieved its highest-ever revenue of INR 15,170 crore, driven by strong crude oil and natural gas price realizations. Key operational milestones included the successful implementation of Cyclic Steam Stimulation technology in Rajasthan and winning 12 blocks under the OALP bidding rounds. On the sustainability front, the company spent INR 133.39 crore on CSR initiatives, significantly exceeding its statutory requirement, and was recognized with the Golden Peacock Occupational Health & Safety Award.
Company: Oil India Ltd
Sector: Mining & quarrying
Country: India
Year: 2019
Type: AR2
Pages: 356
Oil India Ltd
The report highlights Oil India Limited's performance for the fiscal year 2018-19, marking its 60th anniversary. The company achieved its highest-ever revenue of INR 15,170 crore, driven by strong crude oil and natural gas price realizations. Key operational milestones included the successful implementation of Cyclic Steam Stimulation technology in Rajasthan and winning 12 blocks under the OALP bidding rounds. On the sustainability front, the company spent INR 133.39 crore on CSR initiatives, significantly exceeding its statutory requirement, and was recognized with the Golden Peacock Occupational Health & Safety Award.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees