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TAAS YURYAKH
Oil India makes a splash in Russia, but won't get its hand on the money just yetOil India Ltd. has received substantial dividends from its Russian investments, totaling $942 million, exceeding 91% of the initial investm...- Oil India sees restart of Mozambique LNG project by year's endOil India Ltd expects the $20-billion Mozambique LNG project, operated by TotalEnergies and halted in 2021 after insurgent attacks, to rest...
- Indian oil firms explore using stranded $600 million to buy Russian oilIndian oil companies are considering using around $600 million of their dividend income from Russia to buy oil from the country. Due to tou...
- ONGC Videsh has less than $100 mn stuck in Russia, says officialIndian state oil firms have invested USD 5.46 billion in buying stakes in four different assets in Russia. These include a 49.9 per cent st...
- India-Russia trade volume touches 38.4 billion USD in 2022This significant increase in trade turnover between Russia and India was noted during Igor Sechin, Chief Executive Officer of Rosneft Oil C...
- Russia's Rosneft signs deal to boost oil supplies to IndiaDriven largely by a surge in oil imports, Russia has emerged as one of the top 5 trading partners of India. Indian companies have been owne...
- Plans afoot to raise Russian energy sector investmentsThe critical issue of India's interest to secure energy assets in Russia was the key item on the agenda when foreign minister S Jaishankar ...
- British oil giant BP shows desire to remain Rosneft shareholder: CEO SechinAccording to Sechin, recent actions speak of the company's willingness to wait out the unfavourable geopolitical situation without any real...
- 8 bn rubles of Indian oil firms stuck in RussiaONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), holds 26 per cent stake in Suzunskoye, Tagul...
- India in talks with Rosneft for stake in Russia’s massive Vostok projectRosneft CEO Igor Sechin met Indian oil minister Hardeep Singh Puri, who is in Russia for an economic forum, and discussed the Vostok Oil pr...
- 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.
- HPCL joins talks to buy stake in Russian oil fieldsIndian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), a unit of Bharat Petroleum Corporation, came in using the i...
- IOC, partners in talks to buy stake in Russia's Vankor fieldIOC, Oil India Ltd and Bharat PetroResources Ltd (a unit of BPCL) is looking at buying a stake in Suzunskoye, Tagulskoye and Lodochnoye fie...
- BPCL could raise $1 billion next weekThe money will be used to refinance short term loans taken by the company to buy stakes in Tass-Yuryakh and Vankor, two oil fields operated...
- 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...
- 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...
- 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.
- Crude reality: IndianOil plans to build strong upstream portfolioIOC is hoping to build a strong upstream portfolio as the oil rout turns assets cheaper while leaving upstream companies such as ONGC with ...
- India gets oil deals as Russia opens doorsRosneft has formalised sale of 10% stake in its 100% subsidiary Vankorneft to ONGC Videsh (OVL) for $1.3 billion.
- IOC, OIL sign pact with Russian oil firm RosneftIOC, OIL signed an agreement with Russia's Rosneft to explore possibility of picking up a stake in the Taas-Yuryakh Neftegazodobycha oilfie...
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