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ONGC VIDESH INVESTMENTS
India's outward FDI drops 48% to $3 billion in JuneOutward foreign direct investment commitments dropped by 48 percent in June. Equity commitments also saw a substantial decrease compared to...21 Jul, 2026, 12.22 AM IST- ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...24 Jun, 2026, 12.53 AM IST
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...16 Jun, 2026, 12.56 AM IST
- 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 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 panelThe 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 VenezuelaNGC 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 boostMinistry 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 ImperialONGC 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 mnONGC 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
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