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ONGC VIDESH OPERATIONS
ONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfieldsONGC has utilized funds from its Russian dividends to meet its obligations for the Sakhalin-1 abandonment fund. The company is negotiating ...- ONGC Q2 profit jumps 57% to Rs 15,489 crore on higher oil prices, rupee depreciationONGC has reported a significant 57% increase in quarterly profit, reaching Rs 15,489 crore. The profit surge is attributed to higher oil an...
- ONGC Q2 Results: Consolidated PAT jumps 47% YoY to Rs 18,535 crore; co declares interim dividend Rs 8/shareONGC reported a 46.9% YoY rise in consolidated Q2 FY27 profit to Rs 18,534.82 crore, while revenue grew 25.6%. The company declared an Rs 8...
- India, Azerbaijan move to reset ties, boost energy investments and connectivityDelhi and Baku are currently taking steps to improve bilateral relations through enhanced economic cooperation and connectivity initiatives...
- The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...
- ONGC chairman selection: Seven shortlisted candidates to face second round of interviewsSeven candidates have been shortlisted for the ONGC chairman and managing director post, with a second round of interviews expected this we...
- ONGC Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...
- ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
- ONGC plans $200 million investment to revive Venezuela oilfieldONGC plans a $200 million investment to revive Venezuela's San Cristobal oilfield. The company secured a US license for continued operation...
- 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...
- Bank curbs hit ONGC's plans to gain 20% stake in Russia oilfieldONGC, hindered by banking restrictions, faces challenges in paying its share to the abandonment fund for Russia's Sakhalin-1 field, obstruc...
- 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...
- ONGC applies to retain 20% in Russia's Sakhalin-1- sourceRussia has established a new entity, managed by a Rosneft subsidiary, that owns investor's rights in Sakhalin 1 after the exit of previous ...
- 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 ...
- ONGC Videsh Limited announces new discovery in ColombiaThe company has made an oil discovery in the recently drilled well, Urraca-IX, in CPO-5 block, Llanos Basin, Colombia. Well, Urraca-1X was ...
- ONGC Videsh makes two new oil discoveries in Colombia, BrazilONGC Videsh struck an oilfield in Colombia and a major natural gas discovery in the deep offshore exploration in Brazil thereby strengtheni...
- 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%.
- 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 ...
- 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...
- 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.
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