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ONGC Videsh Extends South China Sea Oil Block Exploration

NGC Videsh extends Vietnam exploration, reaffirming India's commitment

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NTPC to repurpose coal-based plants in renewables push

This does not however mean that NTPC will shut down its coal-based plants

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Sudan holds up ONGC Videsh oil field licence extension

Sudan is holding up extension to ONGC Videsh´s licence over for Block 2B as the government seeks higher royalties, tax and profit petroleum.

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ONGC Videsh to give up Libya, Vietnam blocks

In a strategy to realign its assets by hiving off non-prolific ones, ONGC Videsh (OVL) is likely to give away two blocks - Block 128 in Vietnam and Area 43 in Libya.

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OVL produces oil from Carabobo field

In a move that may increase crude oil production of ONGC, the state-owned oil explorer's overseas arm, ONGC Videsh (OVL) began production from its Carabobo oilfield in Venezuela oil-rich Orinoco Belt. The asset is operated by a JV firm Petrocarabobo, set up in Venezuela in June 2010, in which OV..

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OVL plans to exit South China Sea block

According to source-based information, ONGC Videsh plans to exit the hydrocarbon block offered by Vietnam in the maritime region of South China Sea as the bed of the block was very difficult. ONGC Videsh, the overseas arm of ONGC, feels that the cost of operating the block is higher than the benefit..

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OVL to invest in Venezuela oil field

ONGC Videsh (OVL), which has already invested $350 mn, intends to invest an additional $500 mn in the San Cristobel oil field in Venezuela.

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ONGC plans windpower project

ONGC proposes to set up a 102 MW capacity wind power project in Rajasthan at an estimated cost of Rs 650 crore.

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ONGC bids for Exxon Mobil’s stake in Angola oil block

Oil and Natural Gas Corporation (ONGC), the country’s biggest energy explorer, has bid for US energy major Exxon Mobil’s 25 per cent stake in a deep-sea oil block in Angola.

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ONGC Videsh to buy stake in two Siberian oilfields

ONGC Videsh Ltd (OVL) is planning to acquire stakes in two Russian oilfields -û Vankor and Yurubcheno-Tokhomskoye.

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