Oil India to raise $900 mn debt for Mozambique field stake buy

Last Updated: Wednesday, June 26, 2013, 21:11

The stake will be split 60:40 between OVL, the overseas arm of ONGC, and OIL.

Mozambique`s Frelimo protests suspected rebel attacks

Last Updated: Saturday, June 22, 2013, 23:44

Activists of Mozambique`s ruling Frelimo party staged nationwide marches to protest against deadly armed attacks that rocked the country.

Six soldiers killed in attack on Mozambique armoury: Reports

Last Updated: Tuesday, June 18, 2013, 09:36

Armed men have killed six soldiers in a pre-dawn attack on a military weapons depot in central Mozambique, independent television reported.

Coal India allots contract for drilling of Mozambique mines

Last Updated: Thursday, June 6, 2013, 14:59

The development comes at a time when the coal producer is facing problems in enhancing coal production and the country is facing shortage of the fossil fuel.

UAE, Mozambique sign air transport accord

Last Updated: Saturday, May 18, 2013, 13:18

The United Arab Emirates (UAE) and Mozambique have signed a bilateral accord covering air transport.

At least 7 dead in Mozambique violence

Last Updated: Wednesday, April 10, 2013, 00:06

Mozambican authorities say they have made some arrests after recent attacks and fighting between police and alleged members of an opposition group killed at least seven people.

ONGC-OIL bid for Videocon stake in Mozambique gas field

Last Updated: Thursday, March 14, 2013, 20:40

State-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) Thursday made a joint bid to acquire up to 20 percent stake in a gaint Mozambique gas field.

ONGC in talks to buy Videocon's stake in Mozambique gas field

Last Updated: Wednesday, February 20, 2013, 15:53

OVL-OIL combine, however, find Videocon's asking price too high and are in the processing of doing a due diligence.

India finances power project in Mozambique

Last Updated: Sunday, February 17, 2013, 18:21

India has made USD 250 million available to finance a power project in Maputo region in southern Mozambique, the Mozambique News Agency (AIM) said Sunday.

CIL invites cos to take up drilling of mines in Mozambique

Last Updated: Thursday, February 14, 2013, 16:59

The development comes at a time when the coal producer is facing problems in enhancing coal production and the country is facing shortage of the fossil fuel.