Last Updated: Sunday, September 6, 2015, 12:50
ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), has made a gain of about Rs 700 crore on a Euro loan it had raised to finance its Mozambique acquisition.
Last Updated: Tuesday, August 25, 2015, 17:59
OVL has applied to the Vietnamese authorities for a third extension of the exploration licence for Block 128 to maintain India's strategic interest in the South China Sea, a company official said.
Last Updated: Sunday, August 23, 2015, 12:27
According to Mexico's National Hydrocarbons Commission, 14 bidders have been pre-qualified for the second phase of the Round One tender, the country's first licensing round in 88 years.
Last Updated: Sunday, July 12, 2015, 12:26
OVL has decided to seek a third extension of exploration licence for Block 128 to maintain India's strategic interest in the South China Sea, a top official said.
Last Updated: Tuesday, July 7, 2015, 21:03
Prime Minister Narendra Modi today launched maiden drilling by ONGC Videsh Ltd in the Satpayev oil block of Kazakhstan where the Indian firm is investing USD 400 million.
Last Updated: Friday, June 19, 2015, 00:01
State-owned Oil and Natural Gas Corporation (ONGC) today said it supports its overseas investment arm's move to seek increase in spending allowance and sees more acquisition opportunities abroad.
Last Updated: Wednesday, June 17, 2015, 19:43
ONGC Videsh Limited (OVL), the external arm of state-run explorer Oil and Natural Gas Corporation, will invest up to $400 million for exploration activities in Kazakhstan, an official said on Wednesday.
Last Updated: Wednesday, June 17, 2015, 16:51
ONGC Videsh Ltd has sought greater financial autonomy to decide on investments of up to USD 1 billion (about Rs 6,400 crore) without government nod to speed up acquisition of overseas oil and gas fields.
Last Updated: Thursday, June 4, 2015, 21:55
ONGC Videsh Ltd has pulled out of Brazil's Poco-Verde oil block where a new light oil discovery was made earlier this week.
Last Updated: Sunday, May 31, 2015, 12:42
ONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.
Last Updated: Thursday, May 28, 2015, 17:57
The government wants to list ONGC Videsh, the overseas arm of top oil explorer Oil and Natural Gas Corp , a company executive said.
Last Updated: Monday, May 25, 2015, 21:39
ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), Monday reported a 57.16 percent fall in its net profit at Rs 1,904 crore in FY 2014-15, mainly due to lower oil prices.
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