OVL increases stake in Brazilian oilfield for $529 millionONGC said its overseas arm has agreed to buy an additional 12 per cent stake in a Brazilian oil block from Brazil's Petrobras for $529 mill...
14 Oct, 2013, 03.36 PM IST
ONGC Videsh Ltd blocks Chinese Sinochem bid, to buy stake in Brazilian oilfieldONGC Videsh Ltd has blocked China's Sinochem Group from buying 35 per cent interest in a Brazilian oilfield for $ 1.54 billion.
18 Sep, 2013, 02.51 PM IST
OVL mulls buying Petronas stake in VenezuelaONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), and its partners OIL and IOC are mulling buying 11 per cent...
10 Sep, 2013, 05.19 PM IST
OVL may block Chinese bid to buy stake in Brazil oilfieldONGC Videsh is mulling exercising its pre-emption rights to block China's Sinochem Group from buying 35% interest in Brazilian oilfields fo...
19 Aug, 2013, 05.22 PM IST
Kazakhstan non-commital on supporting OVL's $5 billion Kashagan bidM Veerappa Moily raised the issue of clearance to the deal when he met the visiting minister at the meeting of the India-Kazakhstan Joint C...
09 Jan, 2013, 04.46 PM IST
- ONGC not to make rival bid for Cairn India
ONGC today decided not to make a rival bid to Vedanta Resources' $9.6 bn acquisition of Cairn India provided its concerns on royalty payout...
29 Jan, 2011, 07.51 PM IST
- ONGC forces Cairn to cap oil prod from Raj oilfields: DGH
ONGC has forced Cairn India to cap oil production from its giant Rajasthan oilfields, which can produce 20 per cent more immediately, oil r...
21 Jan, 2011, 05.03 PM IST
- Cairn Energy may apply this week for govt nod in Vedanta deal
UK's Cairn Energy Plc may apply this week for government nod to sell its majority stake in the Indian unit to Vedanta Resources.
22 Nov, 2010, 04.34 PM IST
- Decision on nod only after formal application: Govt to Cairn
The Oil Ministry was today firm that it will consider approval for the USD 8.48 billion Cairn-Vedanta deal only after UK-based Cairn Energy...
19 Nov, 2010, 03.27 PM IST
- ONGC has no pre-emption rights: Cairn
Cairn Energy has told ONGC that its decision to sell majority stake in its Indian unit to Vedanta Resources does not trigger the state-owne...
05 Nov, 2010, 02.47 AM IST
- Cairn rebuts ONGC's claims on pre-emption rights
In a strong rebuttal, Cairn Energy has told ONGC that its decision to sell majority stake in its Indian unit to Vedanta Resources does not ...
04 Nov, 2010, 03.02 PM IST
- No pre-condition for approving Cairn-Vedanta deal: ONGC
ONGC is obliged to pay royalty on entire crude oil produce from the blocks. The royalty-liability makes the project a losing preposition fo...
28 Oct, 2010, 06.41 PM IST
- ONGC may not exercise pre-emption rights in Cairn-Vedanta deal
ONGC is unlikely to exercise its pre-emption rights to stop UK's Cairn from selling majority stake in its Indian arm to Vedanta Resources.
22 Oct, 2010, 04.42 PM IST
- ONGC seeks legal opinion on Cairn-Vedanta deal
State-owned Oil and Natural Gas Corp (ONGC) has sought legal opinion from the Solicitor General of India on its rights in the $ 9.6 billion...
29 Sep, 2010, 03.44 PM IST
- Cairn-Vedanta deal not sale of oilfield interest, ONGC told
Cairn Energy said the transaction was a change of shares at corporate level and does not trigger pre-emption rights by partners such as ONG...
13 Sep, 2010, 04.23 PM IST
- ONGC can decide on bidding for Cairn India by Oct
State-owned Oil and Natural Gas Corp (ONGC) has over a month to decide if it chooses to exercise its pre-emption or right of first refusal ...
01 Sep, 2010, 04.37 PM IST
- IOC to buy French co in Congo for $1.5 bn
IOC, OIL are in discussion with Burren Energy for possible takeover of Maurel & Prom's interest in Congo.
11 Mar, 2007, 11.00 AM IST