Shares in Sistema collapsed by 28 per cent in the first half hour of trading at Moscow's MICEX stock exchange on Wednesday.

ONGC Videsh Ltd has won two onland oil blocks in Myanmar, strengthening its presence in the south-east Asian nation.

Sistema and ONGC signed a strategic partnership agreement when former oil minister Murli Deora visited Moscow in December 2009.

Sistema today said its net profit has jumped over three-folds to $ 380.9 million in January-March this year on the back of growth in its co...

Besides OVL, other who have been qualified to bid for the 12 exploration blocks due to be awarded in January next year are ExxonMobil, Shel...

Last December, energy majors of two countries had announced a mega-merger of three companies - Bashneft, RussNeft and Imperial Energy.

RS Sharma, CMD, ONGC, talks about the company's gas sharing agreement with GAIL and the timelines of the upcoming FPO.

ONGC and Sistema have decided to merge their oil & gas biz in Russia in a no-cash deal where ONGC will have a 25% shareholding with a say i...

Bashneft produces 13 million tons of oil from fields in Russia and also owns refineries with a combined capacity of 20 million tons.

ONGC Videsh is hoping to sign an agreement to take a stake in the Trebs and Titov in in the Arctic during Russian President Dmitry Medvedev...

State-owned Oil & Natural Gas Corp (ONGC) may join hands with the energy firm that gets the rights to develop Russia’s largest discovered f...

Russia has disqualified state-owned Oil and Natural Gas Corporation (ONGC) from bidding for the giant Trebs and Titov fields in northwest R...