ONGC hopes to recover over $500 mln dividend as sanctions on Venezuela easedOil and Natural Gas Corp (ONGC) is aiming to reclaim more than $500 million in dividends that have been outstanding since 2014 for its stak...
26 Oct, 2023, 01.14 PM IST
Indian diplomats approaching U.S. over ONGC Videsh taking Venezuelan oil: CEOOil cargoes were assigned by Venezuelan state oil company Petroleos de Venezuela (PDVSA) to ONGC Videsh and France's Maurel & Prom, a partn...
07 Mar, 2022, 07.34 AM 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
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.
22 Oct, 2019, 06.32 PM IST
ONGC Videsh swings back to profit; FY17 net at Rs 701 croreConsolidated production of Crude Oil and Oil Equivalent Gas during FY’17 was higher by 44%.
24 May, 2017, 08.02 PM 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 Ltd to help Venezuela's national oil firm raise $318 millionAs part of the agreement, OVL will stand guarantee for the San Cristobal JV to raise $318 million capital required for raising production f...
11 Nov, 2016, 05.49 PM 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 Videsh signs MoU with Equatorial Guinea for cooperation in hydrocarbon sectorThe MoU is part of efforts of Indian flagship overseas oil and gas firm to expand its presence in hydrocarbon rich African continent.
22 Jan, 2016, 01.03 PM IST
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 ...
10 Apr, 2014, 02.31 AM IST
Investments in Venezuela face high risks: ONGCVenezuela has already attracted investment from Indian state firms, which are looking for more opportunities there, while Reliance Industri...
18 Jan, 2014, 05.21 AM IST
Venezuela holds back half a billion dollars dividend payment of ONGC VideshVenezuela has held back dividend payment of nearly half a billion dollars to pressure OVL into bankrolling the entire cost of developing tw...
10 Dec, 2013, 11.13 AM IST
OVL signs MoU with Venezuelan firmONGC Videsh Ltd said it has signed an MoU with Venezuelan state oil firm PdVSA for cooperation in oil-rich Faja area of the Latin American ...
10 Oct, 2013, 08.43 PM IST
- 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.
11 Jul, 2012, 03.59 PM IST
- 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.
09 May, 2011, 12.28 PM IST
- RIL goes back to ONGC for Venezuelan oil block
After the $14.5-billion LyondellBasell takeover deal turned sour, Reliance Industries (RIL) has renewed talks with the ONGC-led consortium ...
22 Mar, 2010, 01.37 AM IST
- ONGC Videsh, Petroleos to develop oil field in Venezuela
ONGC Videsh Ltd and Petroleos De Venezuela S.A. have signed a joint venture agreement for the San Cristobal Field in Junin, Orinoco region ...
09 Apr, 2008, 01.31 PM IST