OIL to up Numaligarh pie by 13.65% to 26%

 An official announcement was expected in a couple of days, a senior official told Business Standard.

 Oil India will buy out the 12.34 per cent stake held by the Oil Industry Development Board and a 1.31 per cent stake held by Bharat Petroleum Corporation Ltd (BPCL), which holds 61.65 per cent in Numaligarh Refinery.

 The decision was taken at a recent meeting of the petroleum ministry despite the prime minister