ONGC Videsh will acquire Equinor's 0.615% stake in ACG oil field and 0.737% in BTC pipeline for $60 million, adding to its 2.31% ACG and 2....

According to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field an...

ONGC Videsh has drawn the facility and used the funds to repay $500 million in bonds that matured last week. The company had raised $800 mi...

The output declined to 12.8 million metric tonnes of oil equivalent (mmtoe) during April-October this year from 14.4 mmtoe in the same peri...

The companies agreed to pay $3.6 billion in bonus to the government and higher stake in the fields to the state oil firm of the Central Asi...

To begin with, OVL's share of oil from the Azeri, Chirag and Guneshli (ACG) group of fields in Azerbaijan will be traded through the new ve...

OVL Managing Director S P Garg and Turkish Petroleum Crop (TPAO) President and CEO Besim Sisman signed the memorandum of understanding

Net profit in April-June quarter rose by 71.9 per cent to Rs 837 crore from Rs 487 crore in the same period a year ago, the company said.

ONGC Videsh, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), on Tuesday said it aims to raise up to $1 billion through a dol...

The company, which gets most of its funds from its parent firm, has already appointed merchant bankers for raising the debt, a source said.

The Cabinet Committee on Economic Affairs (CCEA) today approved ONGC Videsh Ltd's acquisition of stake in an Azerbaijan oilfield for $ 1.00...

The acquisition was subject to government and regulatory approvals and is expected to close by the first quarter of 2013.

ONGC Videsh plans to raise about $ 1 billion through a dollar bonds issue early next year to fund its recent acquisition in Azerbaijan.

ONGC has not yet made a bid for stakes in Canadian oil sands assets owned by ConocoPhillips, head of the state-run oil explorer said.

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is likely to see drop in production this fiscal due to pr...

Citigroup has maintained a ‘Buy’ recommendation on Jaiprakash Power Ventures and set a target price of Rs 46 to factor in 2-11% EPS cut.

OVL has reached an agreement to buy 2.72% stake held by Hess in the largest oil field in the Azerbaijan sector, sources said.