ONGC eyes stake in Russian entity managing Sakhalin 1: SourcesRussian President Vladimir Putin earlier this month issued a decree to establish a new operator for the ExxonMobil-led project and authoris...
17 Oct, 2022, 11.02 PM IST
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 ...
20 Jul, 2022, 01.33 PM IST
OVL seeks waiver of US sanctions on Venezuela to recover dividendsONGC has investments in two Venezuelan oil fields - Sancristobal and Carabobo-1 - but has been unable to receive its share of income for ye...
15 Oct, 2021, 08.23 AM IST
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...
26 Jul, 2019, 07.42 AM IST
ONGC Videsh says not the right time for listingThe government had last month asked ONGC to list its overseas investment arm ONGC Videsh.
05 Sep, 2018, 08.52 PM IST
ONGC Videsh to pump $150 million in Colombia, Kazakhstan & BangladeshONGC Videsh, which operates the CPO-5 block of Colombia, has made a commercial discovery in its exploration well Mariposa-1.
08 Aug, 2017, 11.17 AM IST
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...
25 Apr, 2017, 01.21 AM IST
ONGC Videsh revises proposal for Iran’s Farzad gas blockAn OVL-led consortium had already submitted a $3 bn development plan to Iran to develop an offshore field in Farzad B, which holds 12.5 tn ...
05 Apr, 2017, 12.41 AM IST
India tries afresh to recover $660 million from VenezuelaThe rising dues have become an issue for the ONGC Videsh, which is finding it tough to get board approval for another $300-400 mn required ...
25 May, 2016, 12.05 PM IST
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...
16 Sep, 2015, 03.51 AM IST
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...
15 Sep, 2015, 07.15 PM IST
ONGC Videsh gets parent backing for spending allowance hikeONGC today said it supports its overseas investment arm's move to seek increase in spending allowance and sees more acquisition opportuniti...
18 Jun, 2015, 11.19 PM IST
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...
07 Sep, 2014, 04.11 PM IST
Sudan offers two oil blocks to ONGC: Oil MinisterONGC’s foreign arm ONGC Videsh said it would evaluate the offer. “The offer is for block-15 and block-8. The later one also has some gas pr...
15 Jan, 2014, 03.19 AM IST
- Reddy clears appointment of Butola as IOC chairman
Ending weeks of uncertainty, Oil Minister S Jaipal Reddy has cleared the appointment of ONGC Videsh Ltd Managing Director Ranbir Singh Buto...
21 Feb, 2011, 01.12 PM IST
- ONGC funding for Imperial takeover will be loan to its arm
State-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...
31 Aug, 2008, 04.49 PM IST
- ONGC Videsh wins 2 oil blocks in Brazil
ONGC’s foreign arm ONGC Videsh has bagged two exploration blocks in Brazil. The deepwater block 470 in the Espirito Santo basin and shallow...
29 Nov, 2007, 04.02 AM IST