No challenge in selling from Russian oilfields, says ONGCOil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that ...
04 Mar, 2022, 12.15 AM IST
India signs pact expressing interest in taking stake in Far East Russian oilfieldsOil Minister Dharmendra Pradhan discussed investment opportunities when he met Igor Sechin, chief executive of Russian oil major Rosneft.
17 Sep, 2019, 11.17 PM IST
OVL, partners buying 49% stake in Vankor cluster oilfieldsA host of agreements is expected to be signed during PM Modi's visit in annual summit with Russian President Putin this week.
01 Sep, 2019, 11.54 AM IST
Indian consortium led by Oil India eyes stake in Russia's Vankor cluster oilfieldsRosneft, Russia's national oil company that owns the fields, wants to retain a majority stake and is keen to sell only up to 49 per cent st...
12 Oct, 2016, 05.32 PM IST
Cabinet approves Rs 2,256-crore makeover for IT for GSTThe implementation strategy for a New Indirect Tax Network (Systems Integration) project would be to ensure readiness of the CBEC's IT fram...
29 Sep, 2016, 04.07 AM IST
Cabinet clears IOC-OIL-BPCL's Russian stake buy for $3.14 bnThe consortium will buy another 23.9% in JSC Vankorneft, a subsidiary of Rosneft, which holds two licences for the Vankor oil fields in Eas...
28 Sep, 2016, 01.57 PM IST
Buying stakes in oilfields abroad is tried-and-tested method to boost India’s oil securityIndia’s rising geopolitical weight does count. A significant part of Indian oil production now comes from abroad. OVL is seeking to acquire...
25 Mar, 2016, 10.54 AM IST
ONGC gains as offshore arm buys stake in Rosneft's two oil fieldsONGC Videsh Ltd (OVL) and a consortium led by Indian Oil Corp signed agreements to buy stake in two Russian oilfields in Siberia for an est...
17 Mar, 2016, 04.17 PM IST
Indian Oil Corporation, Oil India and Bharat Petroleum to buy 29.9% in Rosneft field for $1.3 billionThe field is currently producing 20,000 barrels per day of oil and is expected to touch a peak of 100,000 barrels a day in 2021.
17 Mar, 2016, 04.19 AM IST
ONGC Videsh Ltd, IOC consortium to buy Russian oil fields for $4.2 billionONGC Videsh Ltd (OVL) and a consortium led by Indian Oil Corp today signed agreements to buy stake in two Russian oilfields in Siberia for ...
16 Mar, 2016, 06.16 PM IST
ONGC Videsh Ltd in talks to acquire stake in two Siberian oilfields: Dharmendra PradhanONGC Videsh Ltd, the overseas arm of state-owned ONGC, is in talks to acquire stake in two Siberian oilfields, Oil Minister Dharmendra Prad...
11 Mar, 2015, 04.24 PM IST
Russia’s tax sops to shale explorers raise ONGC hopesONGC hopes to improve net realisation from Imperial’s oil field, which is currently only $20 a barrel at $100 per barrel oil price.
11 Sep, 2013, 06.33 AM IST
- OVL keen on buying stake in Russia's Sakhalin block
ONGC once again expressed interest in taking at least 20% stake in the Sakhalin-3 oil and gas fields and importing liquefied natural gas fr...
07 Dec, 2011, 07.24 PM IST
- ONGC, Sistema may soon merge assets in Russia
Last December, energy majors of two countries had announced a mega-merger of three companies - Bashneft, RussNeft and Imperial Energy.
30 Jul, 2011, 12.49 AM IST
- India to pitch for 20% in Sakhalin-3 oil and gas fields
India will pitch for a 20 per cent stake in the Sakhalin-3 oil and gas fields and importing liquefied natural gas from Russia when its Ener...
24 Nov, 2008, 03.09 PM IST
- Putin calls Deora a real genius negotiator
Russian PM, Putin has described Oil Minister Murli Deora as real genius.
07 Nov, 2008, 03.22 PM IST
- ONGC ties up with Russian firm
State-owned Oil and Natural Gas Corp (ONGC) has signed an agreement with Russian oilfield service provider TGT for sourcing technology to i...
19 Jan, 2007, 01.20 PM IST