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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 ...- 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...
- 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...
- Oil and Natural Gas Corporation unlikely to buy overseas oil, gas assets at current pricesIts overseas investment arm ONGC Videsh (OVL) has already seen a decline in profit, as some of its acquisitions, such as Imperial Energy in...
- DIPAM, Oil Ministry to discuss OVL listing soonDIPAM’s idea is that all profitable public sector enterprises should be listed as it would help boost efficiency and corporate governance a...
- Government neither divesting nor privatising ONGC: Dharmendra PradhanThe minister said the government is not privatising the ONGC but adopting a new model wherein both public and private players can participa...
- ONGC board thinks not the right time to list OVLThe ONGC board thinks market conditions not right for an oil & gas exploration company to list.
- ONGC Board to consider OVL listing but IPO ruled out in near futureThe ONGC board is meeting on December 20 and 21 to consider a share buyback.
- ONGC Videsh Ltd sees 14% jump in output this fiscalOVL bought the stake in two tranches. First, it acquired 15 per cent in May 2016 for USD 1.268 billion, and then another 11 per cent in Oct...
- OVL H1 net profit more than doubles to Rs 512 croreNet profit for April-September was at Rs 512 crore, 126.55 per cent higher than Rs 226 crore for the same period in the year-ago period, th...
- ONGC Videsh profit drops by 39 per cent in April-SeptemberNet profit in April-September at Rs 1,649 cr dropped 39.3% from Rs 2,717 cr in the same period a year ago, the company said.
- India to press Russia again for tax breaks on OVL's Imperial, Sakhalin investmentsRussia has rejected India's request for tax breaks on investments made by ONGC Videsh Ltd in Imperial Energy and Sakhalin- 1.
- OVL Apr-Sept net dips 28 pc to Rs 748 crONGC Videsh Ltd on Saturday reported a 28 per cent drop in its net profit to Rs 748 crore in the first half of current fiscal.
- Crude output at Imperial doubled to 11,500 barrels/day: ONGCOil and Natural Gas Corp (ONGC) on Wednesday said crude oil production at Imperial Energy, the Russia-focused firm it acquired last year, h...
- 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.
- ONGC rules out listing of overseas subsidiaryOil and Natural Gas Corp (ONGC) has ruled out listing of its highly successful overseas subsidiary ONGC Videsh Ltd in the near future, sayi...
- ONGC FY07 net up 8% at Rs 15,643 cr, to pay 310%ONGC has reported an 8% jump in its net profit for 2006-07 at Rs 15,643 crore even as it paid a subsidy bill of Rs 17,024 crore in the fisc...
- indi-Chini bhai, bhai: The slogan finally worksUpstream oil major ONGC has acquired another oil producing asset through its subsidiary ONGC Videsh (OVL), this time in Colombia.
- OVL set to rake in big bucks for its parentONGC Videsh (OVL), the overseas investment arm of ONGC, may soon become the moolah-raker for ONGC.
- ONGC FY06 net up 11% to Rs 14,431 crONGC Videsh (OVL), the overseas investment arm of ONGC which has built up an impressive portfolio with 21 oil equity projects spanning 21 c...
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