Latest Oil Industry Development Board Recruitment, Exam, Results and Job Notifications

Reference this office advertisement published in Employment News dated 6th-12th October, 2018 and various news dailies dated 6th October, 2018 and also uploaded on OlDB's website wwwoidbgovin for filling up of one post of Financial Adviser & Chief Account Officer (FA&CAO) in level-13 on DEPUTATION BASIS in Oil Industry Development Board (OIDB) located at Sector 73, Noida, UP.

for an initial period of two years

Last date for receipt of applications in OIDB is hereby extended up to 30032019

Education : M.Com / M.D.

Oil Industry Development Board is looking for M.Com , M.D. profile candidates.

Last date for receipt of applications in OIDB is hereby extended up to
30.03.2019.

The Oil Industry Development Board was established on 13th January, 1975 under the Oil Industry (Development) Act, 1974 to provide financial assistance for development of Oil Industry. The Oil Industry (Development) Act, 1974 was enacted following successive and steep increase in the international prices of crude oil and petroleum products since early 1973, when the need of progressive self-reliance in petroleum and petroleum based industrial raw materials assumed more importance. The Oil Industry Development Board is functioning under the administrative control of Ministry of Petroleum & Natural Gas.

Oil Industry Development Board (OIDB) came into existence in 1975 after the enactment of Oil Industry (Development) Act 1974. The Board is mandated under the said Act to provide assistance by way of making grants or advancing loans, providing guarantees on loans and deferred payments of oil industrial concerns, underwriting or subscribing to the stock, shares, bonds and debentures of oil industrial concerns.