Friday, May 24, 2024 | Last Update : 07:36 PM IST

ongc videsh ltd

OVL FY19 net profit jumps 71 pc on rise in oil production

Oil production rose to 10.1 million tonnes in 2018-19 from 9.35 million tonnes in the previous year.

24 May 2019 12:17 PM

Indian cos' foreign investment rises 18 pc to USD 2.69 bn in March

Major investors included Tata Steel, which pumped USD 1.15 billion in a subsidiary in Singapore.

11 Apr 2019 7:58 PM

ONGC Videsh Ltd slapped with Rs 7,666 crore service tax demand

The service tax department had first issued a demand cum show-cause notice on October 11, 2011.

23 Sep 2018 12:52 PM

Sudan wants ONGC Videsh to withdraw arbitration over oil payment dues

At the centre of dispute is ONGC’s 25 per cent stake that the company had acquired in GNOP in Sudan in 2003.

17 Aug 2018 11:02 AM

Venezuela stops payment of oil dues to ONGC Videsh Ltd

PDVSA had agreed to supply 17,000 barrels per day of crude oil to repay USD 537 million that it owed to OVL.

01 Jun 2018 2:36 PM


OVL FY18 net profit up 29 per cent on higher oil production

Consolidated net profit in 2017-18 fiscal at Rs 981 crore was 29.6 per cent higher than Rs 757 crore.

24 May 2018 12:53 PM

ONGC Videsh drags Sudan to arbitration to recover USD 400 mn

The payment of dues on account of crude oil purchased by the government of Sudan has not been received.

13 May 2018 12:58 PM

India, China, Japan to expand cooperation in energy sector

India, China, Japan and Korea have agreed to boost cooperation in the energy sector in view of their consumption of hydrocarbons.

12 Apr 2018 7:19 PM

India's Petronet LNG aims to partner with ONGC Videsh in Qatar project

The project would be Petronet’s maiden venture into the natural gas exploration and production business and overseas LNG terminals.

11 Apr 2018 12:45 PM

ONGC Videsh turns focus to acquire overseas oil assets amid Iran gas row

Indian firms led by ONGC Videsh have been negotiating with Iran for development rights of Farzad B gas field.

02 Nov 2017 6:34 PM


Haven't heard from Iran on USD 11 bn offer for gas field: OVL

Iran wants a high price of the natural gas, making the investment practically unviable.

09 Oct 2017 4:01 PM

ONGC sells Nov Sokol crude at highest premium in 2017: sources

The 700,000-barrel cargo was sold to Vitol at a premium of USD 4.50 a barrel above Dubai quotes.

22 Sep 2017 11:12 AM

HPCL joins talks to buy stake in Russian oil fields

The investments have taken the total outlay in Russia this year to USD 5.46 billion.

26 Jun 2017 10:39 AM