Regional News: South Asia

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India To Raise $1.4B From Top Oil Refiner Stake Sale
Monday, August 24, 2015 India will raise about 93.79 billion rupees ($1.4 billion) from selling a stake in state-run refiner and fuel retailer Indian Oil Corp, the government says.

India to Sell $1.5B of Indian Oil Shares on Monday
Friday, August 21, 2015 India's government says it plans to sell a 10-percent stake in top state-run refiner Indian Oil Corporation via a stock market auction on Monday.

PPL Finds Gas, Condensate at Kabir X-1 Well in Gambat South Block in Sindh
Wednesday, August 19, 2015 Pakistan Petroleum Ltd. finds gas and condensate at Kabir X-1 exploration well in Gambat South block in Sanghar district, Sindh, Pakistan.

India's ONGC 1Q Net Profit Up 14% on Lower Discounts to Refiners
Thursday, August 13, 2015 India's state oil company ONGC reports a 14-percent jump in quarterly net profit.

Taipan Inks LOI to Acquire 50% Stake in Salam Block in Sindh, Pakistan
Wednesday, August 12, 2015 Taipan Resources inks letter of intent to acquire 50 percent stake in Salam Block in Sindh Province, Pakistan.

India to Use Market Pricing for Part of Future Gas Finds in Complex Fields
Tuesday, August 11, 2015 India plans to introduce a new market price formula for part of future gas finds made in challenging environment, according to the country's Petroleum and Natural Gas Minister.

Aviva Investors Opposes Vedanta Takeover Bid for Cairn India
Thursday, August 06, 2015 Fund firm Aviva Investors says it opposed a $2.3 billion plan by Vedanta to buy out minority shareholders in Cairn India as the deal failed to deliver sufficient value.