Reliance Industries Ltd (RELI.NS)
17 Nov 2017
MUMBAI/NEW DELHI, Nov 17 India's state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix.
NEW DELHI Venezuela's national oil company PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 million owed to India's ONGC Videsh Ltd, the Indian company said in a statement on Wednesday.
* PDVSA looks to sign oil deals with Indian state refiners - ONGC
Nov 10 Indian shares were nearly unchanged on Friday, with refiners such as Reliance Industries Ltd tumbling as oil prices gained overnight and Tata Motors Ltd down after it said its British unit faced intensifying competition.
NEW DELHI Venezuelan state oil-firm PDVSA has not made debt payments to India's top oil producer ONGC for six months, and has previously used a Russian state-owned bank and another Indian energy company as intermediaries to make payments, two sources familiar with the transactions said on Wednesday.
Nov 9 Indian shares ended marginally higher on Thursday, led by gains in oil refiners such as Reliance Industries Ltd as oil prices stabilised and financial stocks such as ICICI Bank Ltd.
Nov 8 Indian shares ended lower on Wednesday, with refiners such as Reliance Industries Ltd falling on concerns over surging crude prices, while Bharti Airtel Ltd slumped after a Qatari shareholder sold a stake.
Nov 8 Indian shares rose slightly on Wednesday, as banks recovered from recent losses, but gains were capped as Reliance Industries fell on oil price worries and as Bharti Airtel slumped after a key investor sought to exit.
MUMBAI, Nov 1 Bharti Airtel Ltd said on Wednesday it was looking to spend 250 billion rupees ($3.9 billion) this financial year on its networks, a quarter more than its initial forecast and mainly to speed up the expansion of its 4G mobile broadband network in India.
BRIEF-McDermott receives letter of award for KG-D6 subsea installation contract from Reliance Industries
* Mcdermott-Letter of award for contract from reliance industries for KG-D6 subsea field development in Krishna Godavari Basin, off east coast of India