Nikkei Asian ReviewIndia consolidates oil sector with ONGC-HPCL mergerNikkei Asian ReviewONGC controls 72% of India's total oil deposits as of April 2017, 62% of the country's total crude oil and condensate production in the year ended March 2017. …

Economic TimesIOC-Oil India merger on the cardsEconomic TimesHowever, with Oil India's m-cap being 10% of IOC's, the word on the street is that the IOC-Oil India merger will be far easier to transact than the much bigger and far more complex merger …