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ONGC VIDESH LISTING
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.- DIPAM, Oil Ministry to discuss OVL listing soonDIPAM’s idea is that all profitable public sector enterprises should be listed as it would help boost efficiency and corporate governance a...
- ONGC declined 2% as OVL listing not in sightONGC Videsh has stakes in 41 oil and gas assets in 20 countries.
- ONGC board thinks not the right time to list OVLThe ONGC board thinks market conditions not right for an oil & gas exploration company to list.
- ONGC Videsh says not the right time for listingThe government had last month asked ONGC to list its overseas investment arm ONGC Videsh.
- ONGC Videsh hopes to raise output by 15% in the current fiscalThe company’s output rose 40% to 12.5 mn tonnes of oil equivalent in 2016-17 in comparison to the previous fiscal, primarily driven by prod...
- 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.
- Not the right time to list ONGC Videsh: MD Narendra Verma"Particularly now we have an aggressive exploration portfolio, and exploration portfolios are not properly valued by the investors," Verma ...
- Not right time to list overseas arm: ONGC to government"There is no proposal with the company to list OVL at present," ONGC Chairman and Managing Director Dinesh K Sarraf said.
- List ONGC Videsh to unlock shareholder valueOVL, a 100% subsidiary of ONGC, is very much a ‘miniratna’ in its own right. Note that its annual output of crude oil is over eight million...
- ONGC chief D K Sarraf says no plans to list overseas arm, JVsThe oil and gas behemoth, in which the government holds 69 per cent stake and is on the block for a five per cent divestment soon, has five...
- US moves ONGC Videsh out of list of firms with ties to IranThe US ISA provides for sanctions against persons, including foreign firms, investing more than $20 million in Iran's energy sector in any ...
- 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...
- ONGC Board defers OVL listing, to consider other optionsThe board of directors of state-run ONGC on Tuesday said it plans to evaluate several options before taking a decision on the proposed list...
- ONGC mulls ONGC Videsh listing: SourcesThe oil & gas major Oil & Natural Gas Corporation (ONGC) is considering to list its subsidiary ONGC Videsh (OVL) in India, say sources.
- ONGC Videsh faces Syria shutdown after European Union blacklistONGC Videsh faces the prospect of a near-shutdown of crude production from its field in Syria after EU blacklisted that country's oil cos.
- India unlikely to respond to Gaddafi request for oilmen to fill expat voidIndia's state-run explorers and refiners may have the technical capability to operate oilfields and refineries in Libya. But New Delhi is u...
- Raising output: OVL to pump $209 mn in ImperialONGC Videsh Ltd is pumping $209 million into Russian fields of Imperial Energy for ramping up production, even as it looks to acquire more ...
- OVL gets nod from Russian anti-trust body for Imperial dealONGC Videsh Ltd's USD 2.59 billion bid to acquire UK-listed firm Imperial Energy Plc today got the crucial regulatory approval from the Rus...
- ONGC funding for Imperial takeover will be loan to its armState-run Oil and Natural Gas Corporation will treat the entire funding of USD 2.8 bn for the proposed takeover of LSE-listed Imperial Ener...
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