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ONGC VIDESH NEWS

Coal India, NMDC, ONGC Videsh to actively scout for critical mineral assets abroad: Govt

May 15, 2024 4:55 pm

These PSUs already have some kind of presence abroad.

This is at a time when Russia has emerged as the top crude oil supplier to India, accounting for more than a third of all purchases New Delhi makes from overseas.

Indian oil firms want their $600 million stuck in Russia to be used for payments to Moscow

September 14, 2023 9:05 pm

Russia is currently India’s biggest source of crude oil. In July alone, India’s Russian oil imports were valued at $3.37 billion, as per data from the Directorate General of Commercial Intelligence and Statistics.

ONGC Videsh has less than $100 mn stuck in Russia, says official

May 29, 2023 3:27 pm

Indian state oil firms have invested $5.46 billion in buying stakes in four different assets in Russia. These include a 49.9 per cent stake in the Vankorneft oil and gas field and another 29.9 per cent in the TAAS-Yuryakh Neftegazodobycha fields.

India, Iran to seal Farzad-B gas project by October

April 11, 2016 12:17 am

This was announced on Saturday in a joint-agreed document after the meeting between petroleum minister Dharmendra Pradhan and Iran’s petroleum minister Bijan Namdar Zanganch in Tehran on Saturday.

Russia’s 2nd biggest oil block: ONGC takes 15% stake in Siberian Vankor oilfield for $1.25 bn

September 05, 2015 3:12 am

The deal assumes significance to India as it will bolster the asset base of OVL and the energy-starved country would immediately start getting its share of crude oil to meet the increasing demand at home.

ONGC Videsh seeks tax relief to save Imperial buy

December 10, 2014 11:49 am

In a desperate bid to turn around Imperial Energy, its worst overseas buy, state-run ONGC Videsh...

Act east

October 31, 2014 3:05 am

New candour in ties with Vietnam could pave the way for a more forthright engagement with Southeast Asia.

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.

India looks to access 21.68 tcf of Iranian gas with new contract

October 15, 2014 11:10 am

ONGC Videsh spent nearly $90 million in finding hydrocarbons in the Farzad B field in the Farsi block.

‘No political angle’: Pranab allays China concerns over oil deal with Vietnam

September 18, 2014 2:09 am

PetroVietnam has offered seven new oil blocks to India, all of which are in territorial limits of Vietnam.

As Taliban stamp presence at Embassy with their flag, old Afghan staffers fear reprisals

Taliban stamp their presence at Embassy with flag, old Afghan staffers fear reprisals

India5 hr ago

Taliban's Foreign Minister held a press conference at the Afghanistan Embassy, where two members of the delegation raised their flag, while the old regime's flag still flew on the main flagpole. Women journalists were allowed to attend, signaling a change in policy. The Taliban asserted their presence and legitimacy on Indian soil, causing fear among Afghan staffers who may face retribution.

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