How Videocon plans to cut debt

The Videocon group has planned to retire a substantial portion of its Rs 29,000-crore (Rs 290-billion) debt from the proceeds of the sale of its 10 per cent stake in a Mozambique gasfield, which......

Anadarko, Venugopal Dhoot put gas asset on the block

US oil and gas explorer Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20 percent stake in a Mozambique gas field that could fetch $4.5 billion,......

How BP deal gives Reliance a push to expand overseas

Reliance Industries Ltd's $7.2 billion asset sale to BP PLC has given it the firepower to expand more aggressively overseas, potentially pitching it into competition with Asian rivals for big oil......

3 Indian cos ink JV for Venezuela oilfield

Oil and Natural Gas Corp, Reliance Industries and Indian Oil Corp, the nation's biggest companies, are coming together for the first time, to bid jointly for a vast oilfield in Venezuela, which......