ONGC-Mittal gives up oil block in Nigeria
ONGC-Mittal Energy Ltd, the famed joint venture of ONGC and steel czar Lakshmi Mittal, has relinquished an oil block in Nigeria after the African nation refused to relieve it of a USD 6 billion downstream investment commitment.
Aug 17, 2014, 21:06 PM ISTNigeria says India now its largest crude importer
Oil-rich Nigeria said Thursday that India has replaced the United States as its largest crude importer, accounting for more than a quarter of its daily output.
Jun 19, 2014, 22:13 PM IST