State-owned Oil India Ltd (OIL) has exited from a US shale oil venture, selling its 20 per cent stake to its venture partner for USD 25 million the second exit of an Indian firm from the US shale business in two months. “Oil India (USA) Inc (wholly owned subsidiary of OIL), divested its entire .
Get latest articles and stories on Latest News at LatestLY. State-owned Oil India Ltd (OIL) has exited from a US shale oil venture, selling its 20 per cent stake to its venture partner for USD 25 million the second exit of an Indian firm from the US shale business in two months. Latest News | Oil India Exits US Shale Venture, Sells 20 Pc Stake for USD 25 Mn.