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...

At 11.59 a.m., BTC was trading 0.5% higher at $38,112, while the second most popular token, Ethereum, was up 2.6% at $2,091. Dogecoin also ...

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...

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

ONGC Videsh said it has raised $800 million to part-finance its recent acquisition of interest in an oilfield in Azerbaijan.

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.

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

Oil prices fell on Tuesday as weak German data stoked concerns about slowing global economic growth and lower demand for energy, analysts s...

Oil prices extended gains following a bigger-than-expected drop in inventories of US motor fuel. Stocks 52 Week: High, Low | Gainers & Lose...

BP Plc said on Wednesday that testing of the Baku-Tbilisi-Ceyhan oil pipeline would begin, ahead of a move to resume operations on the rout...

Azerbaijan has halted oil exports via the Georgian ports of Batumi and Kulevi due to clashes between Russia and Georgia, the head of the st...

Oil fell below $118 on Friday as supply concerns eased after an indication that a key oil pipeline through Turkey, still burning after an e...

World oil prices rebounded, as it was announced that a key pipeline carrying crude from Asia to the West would remain shut for about 15 day...