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.
18 Sep, 2013, 02.51 PM IST
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...
08 Sep, 2013, 12.03 PM IST
ONGC unit to buy stake in Anadarko Mozambique block for $2.6 bnOil and Natural Gas Corp (ONGC) will acquire 10% stake of Anadarko Petroleum Corp in an offshore block in Mozambique for $2.64 billion.
27 Aug, 2013, 02.40 AM IST
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...
19 Aug, 2013, 05.22 PM IST
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...
03 Jul, 2013, 05.24 PM IST
Nifty slips below 5800; top eighteen stocks in actionThe 50-share Nifty index slipped below its crucial psychological level of 5800 in morning trade on Wednesday.
03 Jul, 2013, 10.18 AM IST
Eighteen stocks in focus in Wednesday morning tradeSensex opened with a gap-down led by losses in realty, metals, banks and power stocks on the back of negative cues from global markets.
03 Jul, 2013, 09.48 AM IST
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...
02 Jul, 2013, 10.49 PM IST
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.
28 May, 2013, 03.31 PM IST
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...
01 May, 2013, 04.33 PM IST
- Hive off OVL, says plan panel
The Plan panel has argued that ONGC Videsh would eventually become a global company. Therefore, the company’s “fiduciary relationship” with...
19 Mar, 2013, 10.38 AM IST
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.
28 Jan, 2013, 04.11 PM IST
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...
09 Jan, 2013, 04.46 PM IST
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.
13 Dec, 2012, 05.20 PM IST
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...
06 Dec, 2012, 04.18 PM IST
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...
29 Nov, 2012, 02.29 PM IST
- ONGC gains 1% on OVL deal; brokerages maintain ‘buy’
ONGC surged over 1% on Tuesday after the its overseas arm, OVL, announced its biggest-ever deal to buy 8.4% stake in Kazakh oilfield.
27 Nov, 2012, 10.22 AM IST