Oil India Ltd (OILI.NS)
* India hopes to attract more than $1 billion of investment in exploration and production blocks awarded to companies on Tuesday under new rules for auctions of oil and gas fields, oil minister Dharmendra Pradhan said
NEW DELHI State-run Oil India Ltd has started the process to sell its 50% stake in Project License-61 in Russia as the performance of the asset didn't meet expectations, India's Oil Minister Dharmendra Pradhan told lawmakers in a written reply.
NEW DELHI, Feb 21 India on Thursday revamped rules for future exploration and production of oil and gas blocks in its efforts to attract private investment and increase domestic production.
* Indian agreement cements over 8.5 mtpa in committed offtake
LONDON, Feb 15 U.S. independent energy producer Anadarko has notched up another long-term commitment to buy liquefied natural gas (LNG) from its proposed Mozambique terminal, moving closer to approving the multi-billion dollar project.