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VIDEOCON. GAS FIELD
Videocon to give Anil Agarwal's group majority stake in Ravva oilfieldAgarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse. His group acquired state-owned B...- Ravva oil fields case: SC upholds foreign arbitration award in favour of Vedanta, VideoconA bench of the apex court, headed by RF Nariman, dismissed the Centre's appeal against the foreign arbitration award that allowed Vedanta a...
- NCLAT dismisses govt claims of USD 314 mn from Videocon Industries for Ravva offshoreThe ministry had on October 22 last year sent Videocon a demand notice for payment of government's share of profit.
- ONGC Videsh-Oil India complete acquisition of Videocon stake for $2.475 billionONGC Videsh and Oil India have completed acquisition of Videocon Group's 10% stake in a giant Mozambique gas field for $2.475 bn, the compa...
- ONGC-OIL pay $2.475 billion to Videocon GroupOVL bought US energy major Anadarko Petroleum's 10 per cent stake in the same block for $2.64 billion.
- OVL and Oil India to split Videocon stake equallyOVL and Oil India will split equally the 10 per cent stake they acquired in a giant Mozambique gas field from Videocon Group for $2.475 bil...
- ONGC Videsh to borrow record $4 bn for Mozambique stakeOVL and OIL's purchase of Videocon's stake is in a 60:40 ratio, with OVL's share at $1.485 billion. To fund this, the company will raise $1...
- Oil India to raise $900 million debt for Mozambique field stake buyOil India Ltd said it will raise $800-900 million in foreign debt to finance its share in the Mozambique gas field it is making with ONGC.
- ONGC shares gain nearly 4% on BSEONGC's shares ended 3.80 per cent higher at Rs 310.20 on the BSE. During the intra-day, the stock surged 5 per cent to Rs 313.80.
- ONGC rallies as arm OVL, OIL India ink pact with Videocon for Mozambique gas fieldAt 01:25 p.m.; the ONGC was at Rs 311.65, up 4.28 per cent, Oil India slipped 0.17 per cent and Videocon was down 1.40 per cent.
- ONGC announces $2.5 bn deal, withdraws hours laterOIL too felt such an announcement was at least a couple of days away and should have been done only when the requisite agreements had been ...
- ONGC jumps the gun, announces Videocon deal before it is dueOIL too felt such an announcement was at least a couple of days away and should have been done only when the requisite agreements had been ...
- Videocon starts selling stake in Mozambique gas fieldThe company, along with USbased Anadarko Petroleum Corp, is in the process of together auctioning 20% stake in the oil field to raise an ag...
- Videocon Industries gains on news it's planning to sell stake in Mozambique assetVideocon Industries owns 10% stake in the massive natural gas field named Rovuma offshore Mozambique with an estimated gas reserves of arou...
- Videocon Industries rallies 8% on Mozambique stake sale talksBharat Petroleum Corp Ltd also holds 10 pc stake in the block, which may hold as much as 70 Trillion cubic feet of gas reserves.
- ONGC in talks to buy Videocon's stake in Mozambique gas fieldOil Minister M Veerappa Moily had stated that LNG from Mozambique may be imported at the planned LNG terminal at Mangalore to feed the sout...
- ONGC Videsh with Asian rivals is in race for Videocon stake in African gas fieldMozambique has turned out to be a windfall for the Venugopal Dhootcontrolled Videocon, with the value of their investments multiplying expo...
- Videocon hiving off energy biz into new companyVideocon Industries to retain substantial stake in new entity and continue to operate in consumer electronics and retail.Videocon climbs ne...
- ONGC-Cairn-Videocon begin fresh drillingThe JV has hired Rig-31 from Hercules Offshore, USA for the campaign on the field located off the Amlapuram cost in the shallow waters of K...
- Videocon Industries signs Oman oil dealA consortium led by Videocon Industries has signed $340 million worth exploration and production sharing agreements (EPSA) with Oman, seeki...
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