MoneyWorks4Me

Oil India signs MoU with FACT

23 Feb 2024 Evaluate

Oil India has signed Memorandum of Understanding (MoU) with The Fertilisers and Chemicals Travancore (FACT), a public sector company, on February 22, 2024 at its Corporate Office, Noida to explore opportunities in the domain of Green Hydrogen, including Green Ammonia / Green Methanol and other derivatives; to collaborate in decarbonizing initiatives like carbon dioxide sequestration; and to collaborate in any other potential avenues for decarbonization / clean energy transition / green fuels / renewable energy etc. that may present synergy between the parties and serve common business interests.

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Oil India Share Price

483.45 15.10 (3.22%)
28-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 232.20
Oil India 483.45
Jindal Drilling&Inds 628.55
Deep Industries 674.85
Asian Energy Service 480.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: