The Indian government is eyeing proceeds of more than US$2 billion from the sale of parts of its stakes in three of the biggest oil companies in the country: ONGC, Indian Oil Corp, and Oil India Ltd, the Economic Times reports , citing unnamed sources and noting that the stake sale is part of an ongoing divestment program. New Delhi could sell 5 percent from its majority holding in ONGC, a 3-percent stake in Indian Oil Corp, and as much as 10 percent in Oil India Ltd. The offers could be announced as soon as next month, the sources told the Economic Times. Earlier this month, unnamed source told the Economic Times that the government was mulling over the sale of almost 150 small oil and gas fields in the country to private local and international oil companies as part of efforts to spur local production and government revenues. […]