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OVL set to acquire equity in 2 PetroVietnam blocks, up India’s stake in South China Sea

October 28, 2014 2:08 am

The pacts would be signed during the visit of Vietnamese Prime Minister Nguyen Tan Dung who is on a two-day visit.

OVL inks deal with Russia's Rosneft to explore hydrocarbons

May 25, 2014 8:50 pm

The parties will jointly consider forming a consortium led by Rosneft and involving other partners.

PM appoints panel to fast track BHEL chief’s extension

December 28, 2013 2:21 am

BHEL has been consolidating under Rao and his replacement executive director Prakash Chand does not have the requisite board experience.

OVL-OIL to buy 20% in Mozambique gas field

October 05, 2013 4:18 am

OVL and OIL have been permitted by buy Videocon Group’s 10 per cent interest in the Rovuma Area-1 for $2.475 billion.

OVL to borrow $4 billion for Mozambique gas field stake

September 26, 2013 12:41 am

OVL and Oil India Ltd (OIL) are jointly buying a 10 per cent stake in Mozambique’s offshore Rovuma Area 1 from Videocon for $2.475 billion.

OVL to buy US firm Anadarko's stake in Mozambique gas field for $2.6 billion

August 26, 2013 2:44 am

Besides the acquisition price,OVL-OIL will have to pay their share of the field development cost and the LNG plant.

OVL in talks to buy shale gas assets in US,Canada

August 29, 2012 8:14 pm

Oil and Natural Gas Corp talks to buy shale gas assets in US and Canada but the firm's Iran investments are impeding closure of the deals.

OVL Apr-Sept net dips 28% to Rs 748 cr

November 13, 2010 12:18 am

ONGC Videsh Ltd reported a 28 per cent drop in its net profit.

OVL turns down Mittal offer

July 18, 2010 4:20 pm

OVL turns down Mittal offer to buy stake in Kazakh oil company.

RIL to buy oil from OVL's Venezuela project

March 15, 2010 3:24 pm

Sources said the work entails producing up to 480,000 barrels a day of extra-heavy oil.

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