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CASPIAN CRUDE OIL
US and Iran trade attacks for a second day, undermining shaky ceasefireUnited States and Iran exchanged air strikes for a second day. President Trump vowed more attacks if Iran does not agree to a peace deal. T...- How much can Iran earn from Hormuz toll? Hint: It’s almost double its pre-war oil revenueIran may soon charge oil tankers passing through the Strait of Hormuz. This could create a new revenue stream for the country. Reports sugg...
- Why are oil prices nearing $110, and will Brent and US WTI crude futures continue to rise or fall again? Analysts insights, market outlook and what should investors do nowWhy are oil prices nearing $110, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices remain near $110 as the...
- Oil Price Today (April 7): Crude oil hovers above $110 as Trump’s Iran deadline keeps investors on edge. What’s next?Oil prices surged as President Trump issued a stern warning to Iran regarding the Strait of Hormuz. Tehran rejected a ceasefire, insisting ...
- Oil prices extend gains as Trump sharpens rhetoric on IranOil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demand...
- Oil extends gains on strong US demand hopes, Russia supply concernsOil prices rose on Friday, heading for a weekly gain due to falling inventories of U.S. gasoline and distillate indicating strong demand. C...
- Oil freight at $100,000 piles pressure on crude marketsWith sanctions on Russia now forcing ships to take longer routes -- drying up the pool of available vessels -- oil companies and traders ar...
- Oil drops as supply crunch fears ease, trading costs riseDespite the declines, both contracts were headed for their first weekly gains in three weeks, with Brent on track for a 10% jump and WTI on...
- India to assess viability of crude oil import from KazakhstanTransporting oil from Kazakhstan will involve taking it to Iran via Caspian Sea or land route.
- ONGC Videsh raises $800 million to partly finance Azerbaijan acquisitionONGC Videsh said it has raised $800 million to part-finance its recent acquisition of interest in an oilfield in Azerbaijan.
- ONGC Videsh Ltd to raise $1 billion to fund Azeri acquisitionThe company, which gets most of its funds from its parent firm, has already appointed merchant bankers for raising the debt, a source said.
- 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 acquisitionThe 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 AzerbaijanONGC Videsh plans to raise about $ 1 billion through a dollar bonds issue early next year to fund its recent acquisition in Azerbaijan.
- OVL gets nod to buy 25% in Kazakh blockONGC Videsh Ltd (OVL), which has partnered with London-based LN Mittal Group for oil exploration overseas, has received government approval...
- ONGC gets nod to partner L N Mittal for Satpayev stake buyONGC Videsh Ltd gets govt nod to pick 25% stake in Satpayev Block in Kazakhstan through ONGC-Mittal Energy Ltd. In Pics: Countries most vul...
- Crude rises 1 pc in futures trade on global cuesCrude oil prices gained 1.01 per cent in early trade in the futures market on fresh buying by traders, influenced by firming global trend.
- OVL may buy 33% in Turkmenistan blocks for Rs 200 crONGC Videsh, ONGC’s foreign investment arm, is set to finalise a deal with Mærsk Olie (Maersk Oil) of Denmark and Wintershall of Germany to...
- IOC, Turkey’s Calik join up for $6bn petchem projectIndian Oil Corporation (IOC) and Calik Energi of Turkey are set to finally roll out their business plan for Turkey.
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