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Oil prices extend rebound on output cuts, still set to end tumultuous week in the redBrent crude was up 60 cents, or 2.8%, at $21.93 by 0133 GMT, having climbed 5% on Thursday.- ONGC Videsh signs pact with SOCAR TradingTo begin with, OVL's share of oil from the Azeri, Chirag and Guneshli (ACG) group of fields in Azerbaijan will be traded through the new ve...
- 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 plans to raise $500-700 million to fund Mozambique acquisitionOVL plans to raise $ 500-700 mn loan by pledging future crude oil prod from its overseas assets, to fund the acquisition of a Mozambique ga...
- ONGC Videsh Ltd acquires two oil blocks in BangladeshONGC Videsh Ltd and Oil India Ltd (OIL) have won two shallow water oil and gas blocks in Bangladesh, Oil Minister M Veerappa Moily said.
- ONGC Videsh Ltd net up 44% to Rs 3,929 croreNet profit in 2012-13 at Rs 3,929 crore was 44.4 per cent higher than Rs 2,721 crore in the previous fiscal, the company said in a statemen...
- 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.
- OVL to raise up to $1 billion via dollar issue to fund Azerbaijan buyONGC Videsh, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), on Tuesday said it aims to raise up to $1 billion through a dol...
- Seven stocks that were in action in trade todayThe Sensex extended intraday gains on the back of positive cues from global peers. Following are the stocks that were in action:
- 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.
- Fifteen stocks in focus in Monday morning tradeIndian shares are expected to trade in a range with a negative bias . Here is a list of fifteen stocks that are likely to be in action toda...
- OVL completes acquisition of 2 Caspian assetsUS 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 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.
- ONGC Videsh profit drops by 39 per cent in April-SeptemberNet profit in April-September at Rs 1,649 cr dropped 39.3% from Rs 2,717 cr in the same period a year ago, the company said.
- ONGC chief denies bidding for assets of Canadian firm ConocoPhillipsONGC has not yet made a bid for stakes in Canadian oil sands assets owned by ConocoPhillips, head of the state-run oil explorer said.
- ONGC Videsh likely to see drop in production this fiscal: D K Sarraf, Managing DirectorONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is likely to see drop in production this fiscal due to pr...
- ONGC-IOC-OIL bid $5 billion for ConocoPhillips' assetsONGC, Indian Oil and Oil India have made a joint bid of about $5 billion for buying stake in six Canadian oil sands assets of US energy gia...
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