Oil & gas
Russia’s Rosneft seeks expanded ties with ONGC Videsh
08 Dec 2015
Rosneft is likely to join hands with ONGC Videsh Ltd (OVL) for setting up more upstream projects, amid a significant decline in global prices for hydrocarbons, so as to remain competitive in a market flush with oil
Essar Oil to delist, buy back shares at Rs146.05 apiece
07 Dec 2015
The number of domestic retail investors in Essar Oil is reported to have fallen nearly 18 per cent since June last year to 7.9 per cent in September, even as FII holdings rose to 5.4 per cent from 4.1 per cent
Oil woes force Japanese refinery giants to merge
04 Dec 2015
The merger is in line with government’s mid-term policy that calls for reorganising the petroleum sector to improve competitiveness and make forays into midstream and downstream businesses abroad

