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OVL DEAL
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'...- OVL gets Russian government's nod for $1.268 billion Vankor deal"We have received approval of the Federal Antimonopoly Service (FAS) for the deal," OVL Managing Director Narendra K Verma told PTI here.
- IOC eyes 5-10% stake in Russia's Vankor oilfieldHot on the heels of OVL's $1.27 billion deal to buy stake in Vankor oilfield of Russia, IOC has expressed interest in taking 5-10%stake in ...
- ONGC Videsh Ltd blocks Chinese Sinochem bid, to buy stake in Brazilian oilfieldONGC Videsh Ltd has blocked China's Sinochem Group from buying 35 per cent interest in a Brazilian oilfield for $ 1.54 billion.
- OVL, Anadarko deal could hit a roadblockGlobal banks are said to have turned down OVL’s debt raising plans due to worries over the company’s investments in Iran, sources indicated.
- OVL to buy Anadarko's 10% stake in Mozambique field for $2.6 billionONGC Videsh likely to buy Anadarko Corp's 10% stake in Mozambique gas field for $2.6 billion this week.
- ONGC jumps the gun, announces Videocon deal before it is dueOIL too felt such an announcement was at least a couple of days away and should have been done only when the requisite agreements had been ...
- ONGC gains 1% on OVL deal; brokerages maintain ‘buy’ONGC surged over 1% on Tuesday after the its overseas arm, OVL, announced its biggest-ever deal to buy 8.4% stake in Kazakh oilfield.
- OVL raises Rs 5,000 cr to fund Imperial buyEntering debt market for the first time, it has managed to borrow at a rate even lower than what ONGC earns on its deposits. World's larges...
- OVL to takeover Imperial as shareholders accept open offerOVL's 1,250 pence per share offer values the entire deal at around £1.4 billion or approximately $2.1 billion at the prevailing exchange ra...
- OVL may acquire management control to buy ImperialOVL may pick up even less than 90% valid sale offers to acquire management control of Imperial, if 90% condition is not met. World's larges...
- OVL may pick up only 51% stake in Imperial, save $1 bnOVL has a chance to save around $1 billion in the $2.1-billion deal for acquiring the UK-listed Imperial Energy.
- OVL to go ahead with the acquisition of UK-listed Imperial EnergyThe $2.1 bn deal will be one of the bigger deals by ONGC in recent times. The deal will help India improve its energy security. Largest ref...
- OVL to go ahead with Imperial buyOVL to go ahead with its planned $2.1 bn purchase of Imperial Energy and will meet the deadline for making an open offer to shareholders of...
- OVL open offer for Imperial Energy on TuesdayONGC Videsh Ltd (OVL), the overseas investment arm of India's biggest oil explorer ONGC, will go ahead with its planned $2.1-billion purcha...
- OVL to go ahead with acquisition of the Imperial EnergyONGC Videsh (OVL), the foreign investment arm of PSU oil major Oil & Natural Gas Corporation (ONGC), is going ahead with the acquisition of...
- OVL gets nod from Russian anti-trust body for Imperial dealONGC Videsh Ltd's USD 2.59 billion bid to acquire UK-listed firm Imperial Energy Plc today got the crucial regulatory approval from the Rus...
- OVL set to pick 33% in Egyptian blocThe Cabinet is likely to clear $380-mn buyout proposal which has estimated gas reserves of around 14 tcf.
- OVL-Sinopec to buy 50% in Columbian co for $1bnThe OVL-Sinopec combine is set to buy out the stake of Omimex de Columbia, a Delaware-listed company operating in Columbia for an estimated...
- ONGC loses one more Russian oil asset to ChinaONGC Videsh (OVL) has lost out yet again to China in a direct fight over oil assets in Russia.
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