WASHINGTON, June 9 (Reuters) - U.S.
WASHINGTON, June 9 (Reuters) - A U.S.
NEW DELHI, June 9 (Reuters) - India is planning to convert into equity a 50 billion rupee ($783 million) loan extended by state-run Oil and Natural Gas Corp (ONGC) to its overseas investment arm, sources said, to improve the unit's finances ahead of a possible public offering.
LONDON, June 9 (Reuters) - Cost-cutting is set to remain the main focus for the oil industry for at least the next two years as petroleum producers adjust to an environment of much lower prices.
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