Indian state oil companies in talks to buy stake in Tullow's Kenya block: Oil IndiaOil India, along with ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, are talking to Tullow, Rath said, without elabo...
26 May, 2023, 07.04 AM IST
Oil India doubles down on drilling, EOR to boost outputOil India, which reported a record-high profit of Rs 6,810 crore for 2022-23, increased its oil production by 5.5% to 3.18 million metric t...
25 May, 2023, 10.37 PM IST
ONGC, Oil India in talks for 50% stake in $3.4 bn Kenya oilfield, Chinese firm enters frayONGC Videsh, India's flagship overseas oil firm, has teamed up with Oil India to replace IndianOil for the potential acquisition of a 50% s...
22 May, 2023, 02.28 PM IST
ONGC for equity partnerships with global companies in tough fieldsFor years ONGC has struggled with some of its fields located in deep-sea or high-pressure or high-temperature areas, which require special ...
24 Mar, 2021, 12.11 PM IST
Tullow Oil appoints Rahul Dhir as CEOIn a statement, Tullow said Rahul Dhir will take over as the company's chief executive officer and executive director of the group from Jul...
21 Apr, 2020, 04.30 PM IST
European stocks plunge 6% on oil price tumble, Italy lockdownThe pan-European STOXX 600 fell 6.1% by 0807 GMT, entering bear market - commonly defined as a 20% drop from all-time highs.
09 Mar, 2020, 02.30 PM IST
Meet the economy that the IMF sees growing 86% in 2020Guyana, a country of 780,000 that neighbors Brazil and Venezuela in the region’s northeast corner, will see its economy balloon 86% next ye...
02 Nov, 2019, 06.39 PM IST
FDI into India decreased to $40 billion last year from $44 billion in 2016: UN reportFDI to India decreased from USD 44 billion in 2016 to USD 40 billion in 2017.
07 Jun, 2018, 02.41 PM IST
OVL buys 15% stake in Namibian oil blockThe 15 per cent participating interest in Namibia Petroleum Exploration License (PEL) 30 is OVL's second acquisition in the African nation ...
21 Nov, 2017, 04.05 PM IST
Oil investors gain over $70 billion in best week since 2008European oil firms are heading for the best weekly performance in 7 years as they added about $74 billion in value following crude’s $50 su...
09 Oct, 2015, 04.12 PM IST
BPCL eyes 10% in Kenya oil blockWhen contacted, BPCL chairman S Vardarajan told TOI, "It's very premature to talk on these. We are in talks with many firms with interests ...
26 Sep, 2015, 11.45 AM IST
- Supreme Court ruling on Vodafone tax case to have global implications
SC ruling on the Vodafone tax case, which involves a tax demand of $2 billion, will have a major impact on tax regimes of various countries.
24 Dec, 2011, 04.38 AM IST
- ONGC may buy 60% in exploration block
ONGC may acquire 60% and operatorship for the onland block AA-ONJ/2 from the Indian arm of the UK-based Tullow Oil, which is exiting the ex...
29 Oct, 2010, 04.50 AM IST
- Cairn suspends gas production in B'desh
Britain's Cairn Energy suspended production of gas at an offshore Bangladesh field on Wednesday after detecting faults in its platform.
16 Jun, 2010, 02.55 PM IST
- ONGC loses Uganda oil property to Chinese firm
Oil and Natural Gas (ONGC) has lost out on acquisition of Uganda oil fields to China’s CNOOC, the latest instance of Chinese firms outbiddi...
25 Mar, 2010, 02.11 AM IST
- Bangladesh set to award ConocoPhillips offshore gas blocks
Bangladesh is expected to award US company ConocoPhillips eight offshore blocks to explore for oil and gas in the hydrocarbon rich Bay of B...
12 Jul, 2008, 06.58 PM 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