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AZERI CRUDE OIL
India set to scale back Russian oil imports if US waiver lapsesIran war oil impact: Amidst the ongoing geopolitical turmoil, Indian oil refiners face a critical moment as the expiration of a US waiver l...- HPCL to begin crude processing at Barmer refinery by January endHindustan Petroleum Corporation is set to commence crude processing at its new 180,000 barrels per day Barmer refinery in Rajasthan by mont...
- After 10-month hiatus, Azerbaijan begins crude oil exports to IndiaAfter a 10-month pause due to pricing disagreements, Azerbaijan has resumed crude oil exports to India, signaling improved bilateral relati...
- Indian refiners look more widely for oil after EU’s Russia curbsIndian oil refiners, the top buyers of Russian crude, are exploring alternative sources like Azerbaijan, Nigeria, and the UAE amid fresh EU...
- Oil rises for 4th day as supply disruptions, China demand supportsHopes for a quick rebound in demand from China also supported oil prices as the world's second-largest oil consumer ended more than three y...
- Oil rises for third day as interest rate concerns easeComments from U.S. Federal Reserve Chair Jerome Powell on Tuesday were seen as less hawkish than feared, boosting risk appetite and weighin...
- Oil rises on China outlook, supply worries after Turkey earthquakeSaudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid exp...
- Oil rises on supply concerns, China demand outlook brightensBrent crude futures rose 40 cents, or 0.5%, to $81.39 per barrel by 0117 GMT, while West Texas Intermediate futures rose 43 cents, or 0.6%,...
- ONGC Videsh's Azerbaijan contract extended until 2049The 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...
- ONGC Videsh signs pact with SOCAR TradingTo 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...
- ONGC Videsh Ltd plans to raise $500-700 million to fund Mozambique acquisitionOVL plans to raise $ 500-700 mn loan by pledging future crude oil prod from its overseas assets, to fund the acquisition of a Mozambique ga...
- ONGC Videsh Ltd to raise $1 billion to fund Azeri acquisitionThe company, which gets most of its funds from its parent firm, has already appointed merchant bankers for raising the debt, a source said.
- Cabinet Committee on Economic Affairs approves OVL's $1 billion Azerbaijan acquisitionThe Cabinet Committee on Economic Affairs (CCEA) today approved ONGC Videsh Ltd's acquisition of stake in an Azerbaijan oilfield for $ 1.00...
- CCEA to consider approving OVL's $1 bn Azerbaijan acquisitionThe acquisition was subject to government and regulatory approvals and is expected to close by the first quarter of 2013.
- OVL plans to raise $1 bn via dollar bonds issue in Q1 of FY13 to fund its recent acquisition in AzerbaijanONGC Videsh plans to raise about $ 1 billion through a dollar bonds issue early next year to fund its recent acquisition in Azerbaijan.
- HPCL may sign crude import pact with Azerbaijan firmThe HPCL board will consider signing crude import agreement with the State Oil Company of Azerbaijan Republic (SOCAR), a top official has s...
- Gold, oil face the dollar heatOil dropped below $116 while gold prices fell below Rs 12,000 per 10 gm low as the dollar surged. World's top 10 oil producers | Investing ...
- Oil falls, Turkey link may open sooner than thoughtOil fell below $118 on Friday as supply concerns eased after an indication that a key oil pipeline through Turkey, still burning after an e...
- Bharat Petroleum may buy oil from Iran; renews Petronas supplyBharat Petroleum Corp, India's second-biggest state-run refiner, may buy crude oil from Iran under a one-year contract to diversify its sou...
- Turkey to approve IOC, Calik refineryIndian Oil Corp and Calik Group to build a refinery with an investment of $4.9 bn at Ceyhan.
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