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BRAZILIAN OILFIELD
bp drops oil output target in strategy reset, sources sayBP has scrapped its 2030 oil and gas production cut target under CEO Auchincloss, opting to focus on profitable oil and gas investments in ...- 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 requests NCLT to include overseas oil assets in insolvency processThe move comes after a consortium of lenders led by the SBI have invited bids for the group's Brazilian and Indonesian assets via ads.
- Petrobras turnaround could yield first dividend in years in 2017Rising output in Brazil's prodigious offshore fields is helping Parente turn Petrobras around from its nadir in 2014, when the firm last pa...
- Five triggers that changed your market while you were sleepingSpeculation over a Fed rate hike and reversal of key technical supports saw the US dollar rally against a basket of currencies last night.
- India Inc's 10-month deal tally at $25 billion: Grant ThorntonIn 2012, the January-October period witnessed transactions worth $30.56 billion and in 2011 it stood at $38.01 billion.
- ONGC Videsh Ltd pulls out of Brazalian oilfield auctionOVL was among the 11 companies shortlisted to bid for Brazil's Libra pre-salt block, one of the world's largest offshore oil discoveries.
- ONGC Videsh not to exercise pre-emption rights in Venezuela's Petroleos de VenezuelaAll the partners in the project, including PdVSA, have right of first refusal or pre-emption rights to the Petronas stake.
- OVL increases stake in Brazilian oilfield for $529 millionONGC said its overseas arm has agreed to buy an additional 12 per cent stake in a Brazilian oil block from Brazil's Petrobras for $529 mill...
- Ten stocks in focus in Thursday morning tradeIndian markets are likely to trade in a range. Here is a list of ten stocks which are likely to be in focus in trade today.
- ONGC Videsh Ltd blocks Chinese Sinochem bid, to buy stake in Brazilian oilfieldONGC Videsh Ltd has blocked China's Sinochem Group from buying 35 per cent interest in a Brazilian oilfield for $ 1.54 billion.
- OVL to buy Anadarko's 10% stake in Mozambique field for $2.6 billionONGC Videsh likely to buy Anadarko Corp's 10% stake in Mozambique gas field for $2.6 billion this week.
- Eight stocks in focus in Tuesday morning tradeIndian markets are likely to trade in a range. Here is a list of eight stocks which are likely to remain in focus in morning trade.
- OVL may block Chinese bid to buy stake in Brazil oilfieldONGC Videsh is mulling exercising its pre-emption rights to block China's Sinochem Group from buying 35% interest in Brazilian oilfields fo...
- Bipolar India Inc oscillates between cash-rich idea-less companies and huge debt & losses making companiesThere will always be cos that are cash-rich, and those that are debt-laden. In India, however, the polarisation is starker than ever before.
- Petrobras is near deals on 15 to 17 rigsBrazil's state oil company Petrobras is close to issuing letters of intent for as many as 17 new offshore drilling rigs.
- Videocon-BPCL team digs into EnCanBrasilVideocon Industries and Bharat Petroleum (BPCL) have jointly acquired a sizeable stake in the Brazilian oil exploration company, EnCanBrasi...
- OVL to buyout Exxon Mobil stake in BrazilOVL to invest $ 820 mn to pick up 30 percent participating stake in Brazil’s oil field.
- ONGC, Petrobras to team up in Cuban, Vietnamese blocksONGC is in talks with Petrobras of Brazil to rope in them as partners in its Cuban and Vietnam oilfields.
- Jindal Steel's Bolivia plans run into a royalty wallSPL mega dream of becoming one of the world’s biggest iron ore producers has been delayed after the Bolivian government, demanding higher r...
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