Moneycontrol PRO

business

OiI India to buy Shale Gas assets worth $200m

State-run Oil India Ltd (OIL) is looking to buy shale gas assets worth up to $200 million and is scouting for potential acquisitions globally, T.K Ananth Kumar, the company’s director(finance) told CNBC-TV18.

first published: Jan 16, 2012 11:48 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347