Oil India Ltd - Company Profile
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Oil India Ltd (OIL) carries out exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. Operational capabilities, a strong reserve base and integrated business operations are the company’s strengths, even as increasing debt and fire accidents is a cause for concern. Growth initiatives coupled with contracts and agreements and increasing upstream investments could provide ample growth opportunities to OIL. However, competition, operational risks, and fluctuations in oil and gas prices pose challenges to the company.
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