Woodside to raise $2 billion in share sale

February 15, 2018 0

Woodside Petroleum launched on Wednesday a A$2.5 billion ($1.96 billion) share sale to raise funds to take control and develop the Scarborough gas field in Western Australia, as well as other projects.

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ONGC said to be planning $4.8B Indian Oil, GAIL stake sale

February 9, 2018 0

India’s Oil & Natural Gas Corp. (ONGC) plans to sell its stakes in two state-run energy companies within a year to repay debt it raised to fund the purchase of the Indian government’s stake in Hindustan Petroleum, people with knowledge of the matter told Bloomberg.

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