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BPRL VENTURES BV
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...
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...
ONGC in talks to buy Videocon's stake in Mozambique gas fieldOil Minister M Veerappa Moily had stated that LNG from Mozambique may be imported at the planned LNG terminal at Mangalore to feed the sout...
- BPCL, Videocon to make LNG plant in Northern Mozambique
The LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.
- BPRL announces natural gas discovery in Mozambique
The 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 Mozambique
Videocon Industries and its partners including Amadarko, Cove Energy and BPRL have discovered gas in the Lagosta well in Mozambique.