Oil India Ltd (OILI.NS)
|Market Cap (Mil.):||Rs286,381.19|
|Shares Outstanding (Mil.):||601.14|
NEW DELHI - State explorer Oil and Natural Gas Corp (ONGC) and Oil India will pay 220 rupees a share for their proposed 10 percent stake buy in state refiner Indian Oil Corp (IOC), a government source said.
NEW DELHI, March 6 - India's state explorer Oil and Natural Gas Corp (ONGC) and Oil India will pay 220 rupees ($3.57) a share for their proposed 10 percent stake buy in state refiner Indian Oil Corp (IOC) , a government source said.
Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Abhiram Nandakumar in Bangalore)
NEW DELHI - ONGC and Oil India are unlikely to buy an 11 percent stake being shed by Malaysian state firm Petronas in Venezuela's Petrocarabobo petroleum project, sources close to the companies said on Tuesday.
HOUSTON/CARACAS, Sept 10 - Malaysian oil company Petronas said it is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt, after what sources close to the venture and within the firm said were disagreements with Venezuelan authorities and state-run PDVSA.