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ONGC OVERSEAS LTD
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...- ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
- India's outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI dataIndia's outward FDI commitments saw a significant 49.02% month-on-month drop to USD 4.49 billion in May 2026, primarily due to reduced equi...
- Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
- Overseas oil & gas fields' output dips 22% in 2 yearsIndian state-run companies' share of output from overseas fields has fallen to 8.1 million metric tonnes of oil equivalent (mmtoe) in April...
- ONGC Videsh output may fall in FY21 on natural decline, OPEC+ supply cutONGC Videsh produced about 15 million metric tonnes of oil equivalent (mmtoe) in 2019-20, marginally higher than 14.83 mmtoe in 2018-19, ma...
- ONGC may defer plan to buy overseas assets as oil price crashesThe oil slump is hurting ONGC’s income and cash flow. This may force the firm to borrow heavily, something it has avoided in the past.
- Govt approves ONGC converting Rs 5K-crore loan to OVL into equityThe Cabinet Committee on Economic Affairs approved ONGC converting its Rs 5,000 crore loan to subsidiary ONGC Videsh Ltd, into equity.
- ONGC may bid for 'unviable' fields after new policy on sale of gasThe government plans to auction 69 marginal fields under a new policy that allows producers to sell gas at market price; share revenue, not...
- ONGC tears into Goldman Sachs’ disparaging reportOIL & Natural Gas Corporation (ONGC), India’s biggest oil explorer, has slammed US investment banker Goldman Sachs’ recent report that crit...
- ONGC defends strategy, cites sound cash flow at OVLState-owned Oil & Natural Gas Corporation (ONGC), India’s biggest oil explorer by sales, has said that it acquired 43 overseas oil and gas ...
- ONGC acquired 43 overseas oil and gas assets in six yearsState-owned Oil & Natural Gas Corp (ONGC), India's biggest oil explorer by sales, has said that it acquired 43 overseas oil and gas assets ...
- OVL-Hinduja to invest $20 billion in Iran exploration assetsONGC shares gained momentum Friday on the company's overseas arm ONGC Videsh and the UK-based Hinduja group is planning to invest close to ...
- OVL set to rake in big bucks for its parentONGC Videsh (OVL), the overseas investment arm of ONGC, may soon become the moolah-raker for ONGC.
- ONGC leads India Inc’s M&A race abroad in '06Guess who’s leading the global Indian takeover? It’s none other than the country’s largest company - ONGC.
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