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ONGC VIDESH LIMITED
ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,...- 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 to acquire stake in ACG oil field, AzerbaijanAccording to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field an...
- Bank curbs hit ONGC's plans to gain 20% stake in Russia oilfieldONGC, hindered by banking restrictions, faces challenges in paying its share to the abandonment fund for Russia's Sakhalin-1 field, obstruc...
- ONGC Videsh Limited to focus on buying operational assetsThe Ukraine war and the Western sanctions disrupted production last year at Russia's Sakhalin 1 field, in which OVL has a 20% stake. Produc...
- 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 ...
- ONGC Videsh asks Iran to share details of Farzad-B gas field contractIn February, 2020, National Iranian Oil Company (NIOC) informed Indians about its intention to conclude the contract for Farzad-B developme...
- ONGC Videsh's Azerbaijan contract extended until 2049The companies agreed to pay $3.6 billion in bonus to the government and higher stake in the fields to the state oil firm of the Central Asi...
- 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.
- ONGC Videsh Limited, Rosneft sign Vankor oil field dealAs per the deal between ONGC Videsh Ltd (OVL) and Russian oil behemoth Rosneft, the former will pick up 15 per cent stakes in Vankorneft oi...
- ONGC takes part in Kuwait Oil & Gas Show 2015 for the first timeONGC has entered into its diamond Jubilee year. It accounts for 69 per cent of crude oil and 70 per cent of natural gas production in India.
- Government rejects extension proposal for security chief Shambhu Nath Singh in ONGCThe proposal seeking extension of IPS officer Shambhu Nath Singh as Chief of Security in ONGC Ltd has been rejected by the ACC.
- Pasala Krishna Rao takes over as Director-Operations of OVLUnder Rao's leadership, Rajahmundry Asset made a global mark by selling Naptha produced in international market & Asset has bagged several ...
- India to accept additional oil blocks in South China SeaIndia has decided to accept 2-3 Vietnamese oil blocks in the South China Sea based on the techno-commercial feasibility report by the ONGC ...
- Indian companies' overseas investment trebles to $ 7.64 bn in AprilOverseas direct investment by Indian companies more than trebled to USD 7.64 billion in April, from USD 1.89 billion in March, data showed ...
- 'India wants to strengthen defence,security ties with Vietnam'India looks forward to further improving defence and security ties with Vietnam, an important component of the country's Look East Policy, ...
- ONGC Videsh Limited buys 25% in kazakh oil blockThe deal marks the end of a 16-year pursuit for the block in the Caspian sea which is estimated to have 1.9 billion barrels of crude oil re...
- ONGC mulls arms for oil services bizOil and Natural Gas Corporation (ONGC) is working out a major revamp to create independent subsidiaries to tap the growing market of drilli...
- OVL gets nod to invest $70 mn in Brazil blockThe Cabinet Committee on Economic Affairs (CCEA) approved additional investment by ONGC Videsh Limited (OVL), a wholly owned subsidiary of ...
- OVL to invest $450 mn in VenezuelaONGC Videsh Limited (OVL) will be investing around $450 million in Venezuela where the company has picked up a 40 per cent stake in an oil ...
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