State-owned oil and gas major ONGC has entered into a strategic joint venture with Japanese shipping company Mitsui OSK Lines (MOL) to strengthen its presence in specialised energy logistics. The Maharatna PSU said it will acquire a 50% stake each in two joint venture companies that will own and operate ethane carriers for transporting feedstock … Continue reading ONGC Forms JV With Japan’s Mitsui OSK Lines for Ethane Shipping, Acquires 50% Stake