Ongc Videsh Limited

Reliance Industries Limited on Thursday said it has raised $4 billion in debt through the largest ever foreign currency bond issuance

A deal to allow ONGC Videsh Limited to pick up 15 per cent stake in Russia's second biggest oil field of Vankorneft and three other major pacts between Indian and Russian companies in oil and gas sector have been struck during Prime Minister Narendra Modi's visit here which is expected to boost bilateral trade significantly.

Last month's agreement between Iran and six world powers have cleared the way for an easing of sanctions, raising prospects for the gas field that is estimated to hold initial in-place reserves of 12.5 trillion cubic feet, with a lifetime of 30 years.

The ASEAN, considered one of the world's fastest growing regions, today resolved to significantly enhance cooperation with India in combating growing challenges of maritime security, terrorism, drug trafficking and cyber crime besides expanding trade ties.

Nation's largest oil explorer Oil and Natural Gas Corporation (ONGC) on Tuesday raised a whopping $2.214 billion - the largest bond sale from the country - through dual tranche money to fund its overseas arm ONGC Videsh Limited (OVL's) Mozambique asset purchase.

In the automatic route category, state-owned Bharat Petroleum Corporation Limited raised $300 million for working capital requirement and Lulu Convention and Exhibition Centre Private Limited raised $98 million for its new project.

India and Vietnam on Wednesday inked eight agreements, including one for oil and gas exploration in the seas off Vietnam that includes the South China Sea as visiting Vietnamese leader Nguyen Phu Trong and Prime Minister Manmohan Singh held talks in New Delhi.

OVL, which has stakes in the A-1 and A-3 gas discovery blocks and three other offshore acreages in Myanmar, was last week awarded two oil and gas exploration blocks in that country's Onshore Blocks Second Bidding Round - 2013.

As many as 499 deals were carried out by the Indian companies during the first month of the current fiscal to carry out the outward foreign direct investment, RBI said.

Iran has awarded the development of an offshore oil field that state-owned Oil and Natural Gas Corp (ONGC) had abandoned as commercially unviable, to a domestic company.

Even as the controversy rages over South China Sea, India feels the hydrocarbon block offered by Vietnam to it in the maritime region is commercially not viable and no activity is taking place there.

ONGC's foreign investment arm, ONGC Videsh Ltd, will buy the assets in a $ 1 billion deal it expects to close in the first quarter of 2013. It is subject to Indian and other regulatory approval.

As Mozambique grows into one of the countries with biggest gas reserves in the word, more Indian firms are expressing interest in bidding for oil and gas block auction in the international round. Sources told NDTV that Indian public sector entities led by Oil and Natural Gas Corporation's (ONGC) foreign investment arm ONGC Videsh Ltd (OVL) may bid ...

The acquisition is subject to relevant government and regulatory approvals and is expected to close by the first quarter of 2013.

The CCI has found cement companies guilty of cartelisation, sources told NDTV Profit.

Reliance Industries Limited on Thursday said it has raised $4 billion in debt through the largest ever foreign currency bond issuance

A deal to allow ONGC Videsh Limited to pick up 15 per cent stake in Russia's second biggest oil field of Vankorneft and three other major pacts between Indian and Russian companies in oil and gas sector have been struck during Prime Minister Narendra Modi's visit here which is expected to boost bilateral trade significantly.

Last month's agreement between Iran and six world powers have cleared the way for an easing of sanctions, raising prospects for the gas field that is estimated to hold initial in-place reserves of 12.5 trillion cubic feet, with a lifetime of 30 years.

The ASEAN, considered one of the world's fastest growing regions, today resolved to significantly enhance cooperation with India in combating growing challenges of maritime security, terrorism, drug trafficking and cyber crime besides expanding trade ties.

Nation's largest oil explorer Oil and Natural Gas Corporation (ONGC) on Tuesday raised a whopping $2.214 billion - the largest bond sale from the country - through dual tranche money to fund its overseas arm ONGC Videsh Limited (OVL's) Mozambique asset purchase.

In the automatic route category, state-owned Bharat Petroleum Corporation Limited raised $300 million for working capital requirement and Lulu Convention and Exhibition Centre Private Limited raised $98 million for its new project.

India and Vietnam on Wednesday inked eight agreements, including one for oil and gas exploration in the seas off Vietnam that includes the South China Sea as visiting Vietnamese leader Nguyen Phu Trong and Prime Minister Manmohan Singh held talks in New Delhi.

OVL, which has stakes in the A-1 and A-3 gas discovery blocks and three other offshore acreages in Myanmar, was last week awarded two oil and gas exploration blocks in that country's Onshore Blocks Second Bidding Round - 2013.

As many as 499 deals were carried out by the Indian companies during the first month of the current fiscal to carry out the outward foreign direct investment, RBI said.

Iran has awarded the development of an offshore oil field that state-owned Oil and Natural Gas Corp (ONGC) had abandoned as commercially unviable, to a domestic company.

Even as the controversy rages over South China Sea, India feels the hydrocarbon block offered by Vietnam to it in the maritime region is commercially not viable and no activity is taking place there.

ONGC's foreign investment arm, ONGC Videsh Ltd, will buy the assets in a $ 1 billion deal it expects to close in the first quarter of 2013. It is subject to Indian and other regulatory approval.

As Mozambique grows into one of the countries with biggest gas reserves in the word, more Indian firms are expressing interest in bidding for oil and gas block auction in the international round. Sources told NDTV that Indian public sector entities led by Oil and Natural Gas Corporation's (ONGC) foreign investment arm ONGC Videsh Ltd (OVL) may bid ...

The acquisition is subject to relevant government and regulatory approvals and is expected to close by the first quarter of 2013.

The CCI has found cement companies guilty of cartelisation, sources told NDTV Profit.