Corporate Snippets

Cairn India has started selling crude oil from its Mangala oil field in Rajasthan to private sector Reliance Industries 
and Essar Oil using a heated oil pipeline. (ET)

ONGC has said that its Assam asset is losing production due to ‘infinite' shut-down of Numaligarh Refinery Ltd, a subsidiary of Bharat Petroleum. (BL)

Oil regulator Petroleum and Natural Gas Regulatory Board has approved the tariff that GAIL India will charge from consumers for moving natural gas through its two main trunk pipelines. (ET)

Reliance Infratel has all but approved a merger deal that could see its tower assets combine with smaller rival GTL Infrastucture in exchange for Rs150bn in cash and a significant stake in a new entity for shareholders of its parent company. (ET)