India eyes listing of ONGC's overseas investment arm: Source

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.

ONGC Videsh posts 57% drop in net profit at Rs 1,904 cr in FY15

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.

ONGC, its partners developing LNG terminal in Mozambique

Last Updated: Monday, May 18, 2015, 18:31

In a step towards start of gas production from its giant Mozambique gas fields, state-owned ONGC and its partners have awarded contract for development of an onshore LNG terminal.

ONGC's stake buy in Mozambique saw seller reap $1.5 bn profit

Last Updated: Sunday, April 12, 2015, 13:12

State-owned Oil and Natural Gas Corp's (ONGC) acquisition of 10 percent stake in a giant Mozambique gas field had helped the seller make a neat profit of USD 1.5 billion or over 62 percent of the purchase price.

ONGC eyes Mexican oil and gas blocks

Last Updated: Sunday, April 5, 2015, 10:44

The company is pitched against the US majors ExxonMobile and Chevron, Anglo-Dutch firm Shell as well as national oil companies and Mexican players for 14 shallow water exploration blocks in the country's southern region.

Oil diplomacy: Pradhan to visit Mozambique next month

Last Updated: Tuesday, March 17, 2015, 16:52

Oil Minister Dharmendra Pradhan is likely to visit Mozambique next month to press the African nation to quickly ratify a law that will help Indian firms proceed with multi-billion dollar gas project.

OVL in talks to acquire stake in 2 Siberian oilfields

Last Updated: Wednesday, March 11, 2015, 15:53

While the Minister did not name the fields, sources said OVL was in talks for a stake in Vankor and Yurubcheno-Tokhomskoye fields.

OVL wants to dip into RIL payments to clear Venezuelean dues

Last Updated: Wednesday, December 17, 2014, 15:17

OVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC), holds 40 per cent stake in the San Cristobal oil project in Venezuela.

ONGC Videsh wins oil block in New Zealand

Last Updated: Tuesday, December 9, 2014, 19:14

ONGC Videsh Ltd, the overseas investment arm of India's biggest energy explorer, has won an offshore oil and gas block in New Zealand, the first domestic firm in this sector to have made it in that country.

PESB invites fresh applications for Oil India top post

Last Updated: Tuesday, December 9, 2014, 16:56

Government headhunters PESB has invited fresh applications for the top job at Oil India Ltd after it found none of previous six applicants, including the firm's Director (Finance) R S Borah, suitable.

Chevron and ONGC Videsh join New Zealand oil, gas search

Last Updated: Tuesday, December 9, 2014, 12:19

New Zealand awarded 15 oil and gas exploration licences on Tuesday, with U.S. giant Chevron and India`s ONGC Videsh joining the hunt in the South Pacific country for the first time.