Petrobras signs oil deal with BPCL, cooperation pacts with OVL, Oil IndiaPetrobras signed agreements with BPCL for crude oil supply and with ONGC Videsh Ltd and Oil India Ltd for cooperation in oil and gas explor...
12 Feb, 2025, 08.41 PM IST
Petrobras approves $3.4 billion in extra dividends, $111 billion strategic planPetrobras has announced an extraordinary dividend payout of $3.4 billion to shareholders, resolving a dispute that arose earlier this year....
22 Nov, 2024, 07.38 AM IST
BPCL signs MoU with Brazilian oil company Petrobras to diversify crude oil sourcingIn a statement BPCL said, the signing of the MoU will strengthen future crude oil trade relations between the two companies and explore pot...
24 Sep, 2022, 08.35 PM IST
ONGC gains as arm says Brazil deep sea gas block commercially viableOVL had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the Sergipe Alagoas Basin, PTI re...
24 Jan, 2022, 10.16 AM IST
OVL enters development stage of Budiao discovery in BrazilONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has declared a 2019 gas discovery in de...
22 Jan, 2022, 03.31 PM IST
Petrobras turnaround could yield first dividend in years in 2017Rising output in Brazil's prodigious offshore fields is helping Parente turn Petrobras around from its nadir in 2014, when the firm last pa...
18 May, 2017, 10.29 AM IST
Oil Ministry delayed KG gas project: ONGCONGC says it lost three years because the ministry and DGH refused to approve its partnership with Norway's Statoil and Petrobras of Brazil...
01 Sep, 2014, 04.35 PM IST
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.
18 Sep, 2013, 02.51 PM IST
- Indian offshore companies Greatship India, Great Offshore and Essar Shipping set sights on emerging markets
While 50% of the vessels in Brazil are non-Brazil flag vessels, European and Asian companies have been actively pursuing the market for big...
06 Jun, 2011, 03.47 AM IST
- Gas production from KG basin uneconomic at $4.20/mmBtu: ONGC
ONGC, which has made 10 gas finds in a block that sits next to RIL prolofic KG-D6 block off the Andhra coast, wants over $7/mmBtu as gas pr...
15 Apr, 2010, 04.19 PM IST
- ONGC strikes oil in KG basin
Oil and Natural Gas Corporation (ONGC) has discovered oil in the hydrocarbon-rich Krishna Godavari (KG) basin, which may turn out to be sig...
23 Feb, 2009, 02.01 AM IST
- ONGC to invest $5.3 bn in gas finds by 2013
State-run Oil and Natural Gas Corp (ONGC) will invest $5.3 billion in developing gas finds in two of its eastern offshore Krishna Godavari ...
13 Jan, 2009, 11.41 AM IST
- ONGC to invest $5.3 bn in developing gas fields in 2 blocks
ONGC will invest $5.3 billion in developing gas finds in two of its eastern offshore Krishna Godavari basin blocks to produce 25 million st...
17 Sep, 2008, 05.36 PM IST
- Brazil starts to tap deepwater oil field
Brazil will on Tuesday start to tap a deepwater offshore oil field that could presage how difficult it will be to pump reserves in vast new...
02 Sep, 2008, 03.04 AM IST
- Brazil state oil company to pump Nigerian field in July
Brazilian state oil company Petrobras will start pumping oil from a Nigerian field on July 21, company officials said Saturday.
29 Jun, 2008, 02.11 AM IST
'We will continue to look at more opportunities'Bharat Petroleum, with Videocon Industries has bagged exploration company EnCana Brasil. The move gives the company access to 10 offshore b...
14 Sep, 2007, 03.54 AM IST
- ONGC, Petrobras to sign swap deal
ONGC and Petrobras are planning to enter into swap arrangement for offering stakes in producing oil & gas blocks in India and Brazil.
20 Jan, 2007, 02.46 AM IST