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BPRL VENTURES
BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JVState-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- BPCL Q4 Results: Cons PAT jumps 28% YoY to Rs 5,625 crore; revenue rises 6%BPCL reported a 28% YoY jump in Q4 consolidated PAT to Rs 5,625 crore, with revenue rising 6.3%. Full-year net profit surged 94% to Rs 25,8...
- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- Indian oil majors strike it rich again in Abu Dhabi blockA major announcement has emerged from the combined forces of Indian Oil Corporation and Bharat Petroleum Corporation regarding newfound oil...
- BPCL subsidiary gets NCLT nod to take over Videocon OilBharat PetroResources secured the acquisition of Videocon Oil Ventures by matching offers and paying upfront, resulting in minimal creditor...
- NCLT approves BPCL subsidiaries acquisiton of VoVL"The argument raised...that ROFR acts against there being a level playing field is equally fallacious. Being fully aware of the ROFR availb...
- VoVL’s lenders vote in favour of resolution plan by BPCLThe resolution professional will submit the plan to the National Company Law Tribunal (NCLT) for approval. The resolution of VoVL will be a...
- BPCL agrees to match Brazilian companies' bids for two VOVL Oil assetsBPCL's subsidiary BPRL Ventures BV had entered into a 50:50 joint venture with Videocon's subsidiary Videocon Energy Brazil for oil and gas...
- VoVL lenders green light sale of oil basins to two Brazil firms, with a riderBrazilian gas operators Eneva S A and PetroRio have been approved to buy two and one oil basins, respectively, from oil and gas exploration...
- Lenders to Videocon's oil arm to vote on four resolution plansThe resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.
- NARCL plans improved Rs 1,200-cr offer for Videocon Oil and VenturesLenders rejected NARCL's ₹860-crore offer in mid-November because it was very low. At a meeting in December between the lenders and NARCL, ...
- VOVL gets 6-month extension for resolution planThe Mumbai bench of the National Company Law Tribunal (NCLT) has also allowed the resolution professional's plea to exclude the period duri...
- BPCL pays for defaulting Videocon in Brazil oil blockIn September 2008, BPCL and Videocon Industries had formed a 50:50 joint venture to acquire a Brazilian oil exploration firm for USD 283 mi...
- Videocon-BPCL consortium discovers oil off Brazilian coastDrilling has identified two reservoir intervals of light oil and gas - the top with a thickness of 44 meters.
- Videocon says consortium discovers new oil in Brazil block"The consortium plans to continue with the Discovery Assessment Plan as approved by the Brazilian upstream regulatory agency ANP," it said.
- BPRL announces natural gas discovery in MozambiqueThe Tubarao discovery well was drilled to a total depth of around 4,237-metres in water depths of approximately 900 metres.
- Videocon consortium strikes more gas in MozambiqueVideocon Industries and its partners including Amadarko, Cove Energy and BPRL have discovered gas in the Lagosta well in Mozambique.
- BPCL plans Rs 50k-cr expansionBPCL plans to invest Rs 50k-cr in the next 5 yrs for expansion of refinery capacity, overseas acquisitions of assets and setting up power p...
- BPCL, Videocon-led consortium finds more oil in BrazilA consortium of Bharat PetroResources, Videocon Industries and the US-based Anadarko Petroleum Corp have discovered additional oil in their...
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