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Oil India Limited is a central public sector undertaking engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas.

 
 
 
 
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The Company Statement
September 28, 2023

Oil India Ltd (OIL) has appointed legal and tax consultants to explore ways to repatriate its $150 million in dividend stuck in Russia. State-owned Oil India Limited has been unable to transfer $300 million in dividends from its investments in Russian oil companies recently hit by US sanctions.

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October 30, 2025Oil India unable to transfer $300m dividends from Russia
September 15, 2023Oil India has $150 million in dividends stuck in a Russian bank
Demand to Leave Russia:Petition text has been copied to the clipboard.
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