State-run co along with JV partners China, Malaysia upset as oil dues from Sudan rise to $500 million.

OVL, however, said it would continue with the arbitration process and work simultaneously with Sudan to find out a suitable mechanism of re...

'OVL, which held 25 per cent stake in the block, and its partners China National Petroleum Corp (CNPC) and Malaysia's Petronas did not agre...

OVL, the overseas arm of the state-owned Oil and Natural Gas Corporation (ONGC), in 2003 had bought a 25 per cent stake in Greater Nile Oil...

The offer is part of the African nation's efforts to seek greater energy engagements with India, to which it owes $240 million in oil dues.

From Venezuela to Sudan, ONGC Videsh Ltd is chasing foreign governments to get its USD 712 million (over Rs 4,700 crore) of dues cleared.

Officials and industry executives said ONGC is considering the move as its Chinese partner CNPC has begun pulling out its workers from the ...

The extension fee is about $75 million for the blocks, where OVL is one of the partners in the four blocks, officials said.

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), plans to restart crude oil production from its fields in ...

India has sought exemption from payment of transit fee on moving crude oil from its fields in South Sudan to ports in North for exports, sa...

ONGC Videsh Ltd, flagship explorer ONGC’s overseas investment arm, is quitting a prospective acreage in the African nation and writing off ...

Indian oil major ONGC has decided to pick up sizeable stakes in two more blocks in Sudan from foreign oil majors.

African oil majors Sonatach, Nigeria National Petroleum, Sudapet and Petrosen, are all set for an India safari on an invitation from petrol...

African oil majors Sonatach, Nigeria National Petroleum (NNPC), Sudapet and Petrosen, are all set for an India safari on an invitation of p...