ReferIndia News Oil India Limited Issues Clarification on Seismic Studies and OALP-X Bidding Strategy News Report

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Oil India Limited Issues Clarification on Seismic Studies and OALP-X Bidding Strategy News Report

Published on: Feb. 2, 2026, 11:11 a.m. | Source: scanx.trade

Oil India Limited issued a regulatory clarification on February 2, 2026, regarding a news report about seismic studies and OALP-X bidding strategy. The company stated that the Chairman and Managing Director's comments to The Hindu at India Energy Week 2026 were general in nature for E&P companies. Oil India emphasized that stock price variations are not attributable to the news article but are related to global crude oil prices, and responded 'N.A.' to exchange queries about negotiations, undisclosed information, and regulatory proceedings.

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