Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flowsBrazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...
11 Jun, 2026, 12.18 AM IST
India's outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI dataIndia's outward FDI commitments saw a significant 49.02% month-on-month drop to USD 4.49 billion in May 2026, primarily due to reduced equi...
10 Jun, 2026, 06.18 PM IST
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
27 May, 2026, 05.24 PM IST
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,...
27 May, 2026, 09.34 AM IST
ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended qua...
26 May, 2026, 10.12 PM IST
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...
23 May, 2026, 09.20 PM IST
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...
11 Oct, 2023, 05.39 PM IST
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...
23 May, 2023, 12.16 AM IST
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...
08 Jun, 2020, 10.07 PM 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
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
Govt approves ONGC converting Rs 5K-crore loan to OVL into equityThe Cabinet Committee on Economic Affairs approved ONGC converting its Rs 5,000 crore loan to subsidiary ONGC Videsh Ltd, into equity.
22 Dec, 2015, 10.35 PM IST
- Hive off OVL, says plan panel
The Plan panel has argued that ONGC Videsh would eventually become a global company. Therefore, the company’s “fiduciary relationship” with...
19 Mar, 2013, 10.38 AM 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
- Raising output: OVL to pump $209 mn in Imperial
ONGC Videsh Ltd is pumping $209 million into Russian fields of Imperial Energy for ramping up production, even as it looks to acquire more ...
08 Sep, 2009, 10.11 AM IST
- OVL to quit Sudan block, writes off $90 mn
ONGC Videsh Ltd, flagship explorer ONGC’s overseas investment arm, is quitting a prospective acreage in the African nation and writing off ...
28 Apr, 2009, 03.19 AM IST