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YURIAKH OILFIELD
Hydrocarbons story shows way forward with RussiaIn the near-term, the consortium plans to expand annual refinery output to 24 (from 20) MT, add a downstream polypropylene unit, and increa...
Buying stakes in oilfields abroad is tried-and-tested method to boost India’s oil securityIndia’s rising geopolitical weight does count. A significant part of Indian oil production now comes from abroad. OVL is seeking to acquire...
Mapping the market: Investors make Rs 25K crore in choppy session; oil stocks get slick dealBlame it on the HDFC duo or European markets, Sensex went haywire in late trade, only to close flat. Here’s a look at what transpired throu...
ONGC gains as offshore arm buys stake in Rosneft's two oil fieldsONGC Videsh Ltd (OVL) and a consortium led by Indian Oil Corp signed agreements to buy stake in two Russian oilfields in Siberia for an est...
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.
ONGC Videsh Ltd, IOC consortium to buy Russian oil fields for $4.2 billionONGC Videsh Ltd (OVL) and a consortium led by Indian Oil Corp today signed agreements to buy stake in two Russian oilfields in Siberia for ...
ONGC Videsh Limited, Rosneft sign Vankor oil field dealAs per the deal between ONGC Videsh Ltd (OVL) and Russian oil behemoth Rosneft, the former will pick up 15 per cent stakes in Vankorneft oi...