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CARABOBO 1 FIELD
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
RIL hits record high, ONGC and oil stocks rise up to 2% after Trump’s Venezuela moveReliance Industries and other oil-linked stocks surged following a US military raid in Venezuela, reigniting geopolitical risks. ONGC, with...
US control of Venezuelan oil may unlock $1 bn stuck dues for India, lift outputA US-led takeover of Venezuela's oil sector could benefit India by unlocking nearly USD 1 billion in long-pending dues and reviving crude p...
US attack on Venezuela unlikely to hit Indian refiners hardThe country produces around 900,000 barrels per day of crude - about 1% of the global supply. Of the roughly 765,000 bpd it exports, nearly...
ONGC seeks US exemption to take over Venezuelan oilfields' operationsONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate $500 million of...
ONGC hopes to recover over $500 mln dividend as sanctions on Venezuela easedOil and Natural Gas Corp (ONGC) is aiming to reclaim more than $500 million in dividends that have been outstanding since 2014 for its stak...
OVL seeks waiver of US sanctions on Venezuela to recover dividendsONGC has investments in two Venezuelan oil fields - Sancristobal and Carabobo-1 - but has been unable to receive its share of income for ye...
Reliance eyes stake in Venezuela crude oil block, Mexico exploration assets: ExecutiveRIL is looking to pick up an 11% stake in Venezuela's Petrocarabobo project that was recently surrendered by Malaysia's Petronas.
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 mulls raising stake in $20 billion Venezuela oil projectOVL is looking at buying a similar stake that Malaysia's Petronas has decided to give up in the project.
ONGC Videsh plans to raise stake in Latin American blocksONGC Videsh, plans to raise its stake in oil and gas acreages in Brazil and Venezuela to counter China’s growing influence in the region.
OVL mulls buying Petronas stake in VenezuelaONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), and its partners OIL and IOC are mulling buying 11 per cent...
- Brokers’ Call: Religare retains buy on ONGC
Religare has maintained its ‘Buy’ rating on ONGC with a target price of Rs 370.
- Oil India joins rush for energy assets, lines up Rs 4k crore for buys
Oil India is looking at investing in oil and gas blocks in Africa, Australia and Latin America.
- RIL may join team ONGC for block deal with Venezuela
State oil co likely to bag field with 50B barrels reserves in S American nation.
- OilMin wants RIL to join hands with ONGC for Venezuela project
State-owned Oil and Natural Gas Corp (ONGC) may have won a large oil block in Venezuela but the Petroleum Ministry wants Reliance Industrie...
- RIL goes back to ONGC for Venezuelan oil block
After the $14.5-billion LyondellBasell takeover deal turned sour, Reliance Industries (RIL) has renewed talks with the ONGC-led consortium ...
- ONGC's $2 bn Venezuelan investment plan gets nod
CCEA cleared ONGC's $2.2 bn Venezuelan investment.
- OVL team bags 40% in Venezuela oil block
Field has potential to produce 20 MT crude oil per year; consortium to pay $1.05 bn
- ONGC, IOC, OIL consortium wins oil block in Venezuela
ONGC & IOC and OIL have won a bid to develop a major crude oil block in Venezuela, its first major overseas success since Imperial Energy P...