ONGC floats $20 billion global tender for deepwater rigsOil and Natural Gas Corporation plans a massive oil exploration program. The company will spend between $18 to $20 billion to hire deep-wat...
25 Mar, 2026, 12.33 AM IST
Petrobras backs its strategy after shares dip on higher investmentPetrobras CEO, Magda Chambriard, revealed that the Brazilian oil company might advance future investments to boost early oil production. De...
28 Feb, 2025, 07.35 AM 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
ONGC Videsh makes two new oil discoveries in Colombia, BrazilONGC Videsh struck an oilfield in Colombia and a major natural gas discovery in the deep offshore exploration in Brazil thereby strengtheni...
16 Oct, 2019, 01.58 PM IST
Videocon says consortium discovers new oil in Brazil block"The consortium plans to continue with the Discovery Assessment Plan as approved by the Brazilian upstream regulatory agency ANP," it said.
03 Feb, 2015, 01.28 PM IST
ONGC Videsh Ltd pulls out of Brazalian oilfield auctionOVL was among the 11 companies shortlisted to bid for Brazil's Libra pre-salt block, one of the world's largest offshore oil discoveries.
22 Oct, 2013, 05.04 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
- Oil drops below US$145 a barrel in Asia; supply threats keep floor under prices
Oil dropped below US$145 a barrel Tuesday in Asia although a series of threats to supply in a finely balanced market continues to keep a fl...
15 Jul, 2008, 11.29 AM IST
- Petrobras production drops 7 per cent in Brazil
A strike by workers at Petrobas offshore oil rigs reduced production by the state-run company by 7 percent on Monday, adding to concerns of...
15 Jul, 2008, 03.54 AM IST
- Brazil's Petrobras hit by 5-day strike
Workers in Brazil's main oil-producing region began a five-day strike.
14 Jul, 2008, 09.31 PM 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
- Petrobras is near deals on 15 to 17 rigs
Brazil's state oil company Petrobras is close to issuing letters of intent for as many as 17 new offshore drilling rigs.
10 May, 2008, 02.45 AM IST
- ONGC Videsh wins 2 oil blocks in Brazil
ONGC’s foreign arm ONGC Videsh has bagged two exploration blocks in Brazil. The deepwater block 470 in the Espirito Santo basin and shallow...
29 Nov, 2007, 04.02 AM IST
- ONGC Videsh bags two oil, gas blocks off Brazil
OVL was among 24 which qualified as Operator A that included the likes of Petrobras of Brazil, Shell, Exxon, ENI and Chevron. RIL denies re...
28 Nov, 2007, 09.30 PM IST
- Petrobras to pick 30% in ONGC’s KG basin block
Brazilian oil company Petro Brasileiro (Petrobras) has agreed to pick up a 30% stake in one of ONGC’s discovered gas blocks in the Krishna ...
28 Jun, 2007, 12.30 AM IST
- ONGC makes five oil and gas discoveries
Oil and Natural Gas Corporation (ONGC) has made five oil and gas discoveries in eastern offshore and the North-east.
08 Jun, 2007, 01.28 AM IST
- ONGC loses Angola bid to Chinese consortium
The Oil and Natural Gas Corp (ONGC) has lost out on a bid for an oil block in Angola to a Chinese-led consortium.
15 Jul, 2006, 03.45 AM IST