… partners jointly hold stakes in 36 producing fields as well as on the Greater Nile oil project in Sudan. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… and deepwater blocks along India's east coast. Simon Hall in Beijing contributed to this article. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… and the U.S.' Staples Inc. (SPLS) to sell stakes in their respective business partnerships, said Executive Director Rakesh Biyani. Retail supply chain company Li & Fung is an investor and partner in Pantaloon's Future Supply Chains unit, which …

… partly reversing an 11.5% increase on May 24--the steepest-ever hike in the price of the fuel. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… official said. ONGC Chairman Sudhir Vasudeva didn't immediately respond to phone calls for comment. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… from continuing with its disputed nuclear weapons program, which Iran says is for peaceful purposes. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… said the company's board may consider the proposals during a meeting likely to be held next week. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… companies to finalize the project, according to the website of Rajasthan's petroleum directorate. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

… stake in South Pars 12. The consortium has been facing problems in raising funds to develop the field. Write to Rakesh Sharma at rakesh .sharma@dowjones.com Copyright © 2012 Dow Jones Newswires

Indian Oil Corp. (530965.BY) will cut jet-fuel prices by 3,260 rupees a kiloliter to INR62,410 in New Delhi effective Saturday, a spokesman said Friday.