Oil India Ltd (OILI.NS)
MUMBAI Venezuela's national oil company Petroleos de Venezuela has agreed to supply oil on a monthly basis to India to help settle dues which Venezuela owes to India's Oil and Natural Gas Corp. Ltd, ONGC Chairman D K Sarraf said on Thursday.
MUMBAI India will not change a domestic gas price formula which was set up in 2014, Oil Minister Dharmendra Pradhan said on Wednesday.
* Indian cabinet approves proposal by Oil India Ltd to acquire stake in two cos in russia
* Gets members' nod for appointment of Utpal Bora as chairman, MD
India's broader NSE Nifty edged lower on Wednesday after hitting its highest level in 18 months earlier in the session, as investors booked profit in recent outperformers such as Housing Development Finance Corp Ltd .
** Oil India Ltd's shares up as much as 3.7 pct at 402 rupees, highest since Jan. 8
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Shares of Indian oil companies rise after a report that govt has approved 25 paise hike in kerosene prices per month till April 2017
MUMBAI India is putting up for auction nearly four dozen small oil and gas fields in the first such sale in six years, the oil ministry said in a newspaper advertisement on Tuesday.
MUMBAI, May 24 India is putting up for auction nearly four dozen small oil and gas fields in the first such sale in six years, the country's oil ministry said in a newspaper advertisement on Tuesday.