India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
India denies RTI on Russia oil import data, cites strategic and commercial confidentialityInformation on Russian oil imports to India is being withheld. The Petroleum Planning and Analysis Cell cited commercial and confidential r...
India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
ONGC Videsh raises $420 million from DBS and BoB banksBoth the banks are meeting prospective lenders in a bid to distribute the loan to a wider network of banks across Asia, people familiar wit...
ONGC Videsh keen on Sri Lankan oil and gas blocksOil and Natural Gas Corp (ONGC) is keen on exploring oil and gas reserves in Sri Lanka, said a company executive on Wednesday. Rajarshi Gup...
OVL gets extension for five projectsONGC Videsh has been present in Myanmar, Bangladesh, Vietnam, South Sudan and Columbia for years. In some projects, it has made discoveries...
Rajarshi Gupta takes over as Managing Director of ONGC Videsh"Rajarshi Gupta has more than 33 years of wide-ranging experience in supervisory, managerial and strategic planning capacities in domestic ...
ONGC Videsh Limited announces new discovery in ColombiaThe company has made an oil discovery in the recently drilled well, Urraca-IX, in CPO-5 block, Llanos Basin, Colombia. Well, Urraca-1X was ...
Sudan admits it owes $100 mn to ONGC VideshONGC Videsh, the overseas arm of the state-run explorer, has been engaged in an arbitration with Sudan for over three years to recover its ...
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 Videsh board may consider listing of company at next meetingThe government has been pushing ONGC Videsh, the fully-owned unit of the state-run Oil and Natural Gas Corp, to go public.
ONGC Videsh makes two new oil discoveries in Colombia, BrazilONGC Videsh struck an oilfield in Colombia and a major natural gas discovery in the deep offshore exploration in Brazil thereby strengtheni...
ONGC Videsh Ltd submits $ 10 billion proposal to Iran for Farzad-B gas fieldA consortium of OVL, Oil India Ltd and Indian Oil Corp had discovered the 12.8 trillion cubic feet of gas reserves in the Farsi block in 20...
ONGC Videsh seeks tax parity with ExxonMobilONGC Videsh, partner in the project, has decided not to join the arbitration but seek tax parity.
ONGC Videsh Ltd follows Rosneft, to pledge future oil for $700 million loanONGC Videsh Ltd might pledge future oil production to raise $700 mn for bankrolling $4 billion acquisition of stake in a Mozambique gas fie...
- ONGC Videsh led-group to hike investment in Venezuela
NGC Videsh has already invested $350 million and intends to pump in an additional $500 million in the San Cristobel oil field there.
- OVL's financial powers may get 10-fold boost
Ministry sources said the plan on the drawing board envisages giving ONGC Videsh powers to decide investments of up to Rs 3,000 crore.