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BAKU TBILISI CEYHAN
Israel says it thwarted Iranian plan to attack Baku-Ceyhan oil pipelineIn a joint statement, the Mossad and Shin Bet intelligence agencies said a plan by Iran's Islamic Revolutionary Guard Corps to attack the B...
Azerbaijan foils IRGC-planned attacks on pipeline, embassy, synagogueAzerbaijan has successfully intercepted several terrorist sabotage plots linked to Iran's IRGC, which aimed at critical infrastructures suc...
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...
OVL completes acquisition of Equior's stake in Azerbaijan oilfield for $60 mnONGC Videsh Ltd completes the acquisition of a 0.615% stake in Azerbaijan's ACG oilfield and a 0.737% share in the BTC pipeline from Equino...
ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mnONGC 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....
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 Ltd signs pact with Turkish oil firm TPAOOVL Managing Director S P Garg and Turkish Petroleum Crop (TPAO) President and CEO Besim Sisman signed the memorandum of understanding
- ONGC Videsh Ltd to raise $1 billion to fund Azeri acquisition
The company, which gets most of its funds from its parent firm, has already appointed merchant bankers for raising the debt, a source said.
- OVL completes acquisition of 2 Caspian assets
US energy firm Hess Corporation has completed the $1-billion sale of its stakes in oil-rich Chirag and Guneshli fields to ONGC Videsh (OVL).
- ONGC Videsh's plan to buy assets in Azerbaijan gets nod
“The acquisition shall provide OVL, oil production of about 1 million tonnes per year for about a decade,” the oil ministry said after the ...
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 acquisition
The 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 Azerbaijan
ONGC Videsh plans to raise about $ 1 billion through a dollar bonds issue early next year to fund its recent acquisition in Azerbaijan.
- Attack likely to blow up IPI pipeline plan
MOEF officials are divided over the safety of the pipeline as it passes through Pakistan.
- BP says Baku-Ceyhan oil pipeline to resume operations
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...
- Oil prices slide close to $111 per barrel
World oil prices dropped close to $111 on Tuesday, dragged down by worries that weaker US oil demand could spread to Europe and Japan, anal...
- 'Azerbaijan halts oil exports via Georgia ports'
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...
- Georgia reports new air attack near capital
Intense fighting reportedly raged for a second night in Georgian separatist region of South Ossetia on Saturday and Georgia's interior mini...
- Oil falls, Turkey link may open sooner than thought
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...
- Oil prices rebound above 119 dollars
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...