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KASHAGAN
India rejects Kazakhstan's offer for Abai oil fieldKazakhstan had in April last year offered OVL a stake in Abai, which was previously being operated by Norway's Statoil.- Kazakhstan offers OVL stake in Kashagan oil fieldState-owned KazMunaiGaz National Co held 75 per cent interest in the block with an estimated 387 million tons of resources (2.8 billion bar...
- Kazakhstan offers oil field to ONGC Videsh Ltd in the Caspian SeaStatoil had in February 2013 given up the Abai offshore block spending about seven years negotiating to start exploration.
- ONGC Videsh in talks to buy oil, gas blocks in KazakhstanONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is in talks to acquire more oil and gas blocks in Kazakhs...
- Kazakhstan giant oilfield: India's loss is China's gainAfter blocking ONGC Videsh Ltd's USD 5 billion deal, Kazakhstan has transferred a 8.4 per cent stake in its giant Kashagan oil field to Chi...
- 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...
- Kazakhstan blocked stake purchase in biggest oilfield: ONGCONGC today confirmed that its USD 5 billion acquisition of a stake in Kazakhstan's biggest oilfield has been blocked by the Central Asian n...
- India loses $5 bn bid for Kashagan oil field to ChinaONGC has lost the Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 bn deal to buy ConocoPhillips' stake in Caspian Sea oilf...
- ONGC Videsh Ltd to raise $3 bn for Kazakh acquisitionOVL in November last year agreed to buy ConocoPhillips' 8.4 per cent stake in Kazakhstan's biggest oilfield, Kashagan, for USD 5 billion.
- ONGC's $5 bn Kazakh oil deal may fall throughIndustry insiders say the blame for falling of ONGC's biggest acquisition may rest with the Indian govt which has not engaged with Kazakhst...
- Hive off OVL, says plan panelThe Plan panel has argued that ONGC Videsh would eventually become a global company. Therefore, the company’s “fiduciary relationship” with...
- Brokers’ Call: Religare retains buy on ONGCReligare has maintained its ‘Buy’ rating on ONGC with a target price of Rs 370.
- ONGC gets partners' nod for $5 billion Kashagan stake buyAfter years of delay and at a total cost of more than $40 billion, Kashagan is due to begin production in the second quarter of 2013.
- India evinces interest in gas-based fertiliser plants in KazakhstanIndia today evinced interest in setting up gas-based fertiliser manufacturing plants and mining minerals in hydrocarbon-rich Kazakhstan.
- Kazakhstan non-commital on supporting OVL's $5 billion Kashagan bidM Veerappa Moily raised the issue of clearance to the deal when he met the visiting minister at the meeting of the India-Kazakhstan Joint C...
- PSUs must tread carefully while doing business abroad: Salman KhurshidSalman Khurshid said PSUs are not timid but need to tread carefully while doing business abroad because they are accountable to Parliament.
- ONGC gets project operator's nod for $ 5 billion Kashagan stake buyEni, ExxonMobil of US, Royal Dutch Shell, France's Total and Kazakhstan's Kazmunaigas (KMG) hold 16.81 per cent stake each in the field, wh...
- ONGC's acquiring stake in Kashagan oilfield will be 'credit negative': Moody's"The acquisition would be funded with debt and would increase ONGC's consolidated net debt by at least USD 5 billion, a credit negative," M...
- Should India buy energy assets overseas or should it just import oil?We have to ask whether it makes sense to buy into oil projects or whether to save the cash and buy oil on spot.
- ONGC Videsh Ltd to buy ConocoPhillips' Kazakh oilfield stake for $5 bnConocoPhillips is selling a minority interest in drilling sites off the coast of Kazakhstan for about $5 billion to ONGC Videsh as it conti...
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