ONGC, IOC may face US sanctions
New Delhi   20-Aug-2010

The US had named 41 companies, including state-owned Oil and Natural Gas Corporation Ltd and IndianOil, that might attract sanctions for investment in Iran's energy sector, Minister of State for Petroleum Jitin Prasada told the Lok Sabha in a written reply. The impact of economic sanctions on investment opportunities pursued in Iran was being pursued, he said.