Is OVL making the right acquisitions?

ONGC Videsh Ltd, or OVL, the overseas arm of state-owned Oil & Natural Gas Corporation (ONGC), will pay $5 billion to acquire ConocoPhillips's 8.4 per cent stake in a Kazakhstan oilfield. The......

OVL-OIL offers $5 bn for 20% in Africa gas field

After buying ConocoPhillips’ 8.4 per cent stake in a Kazakhstan oil field for $5 billion last year, ONGC Videsh Ltd and its partner Oil India Ltd have closed in on another energy asset in......

ONGC's acquisition of Kashagan oilfield will raise debt

Rating agency Moody's has said ONGC's acquisition of ConocoPhillips' 8.4 per cent stake in Kazakhstan's Kashagan oilfield will be 'credit negative' as the state-owned firm's debt will rise by $5......

ONGC Videsh gets foothold in Kazakh

India and Kazakhstan on Saturday signed seven agreements, one of which formalises the transfer of 25 per cent stake of the Kazakh oil and gas company, Kazmunaigas (KMG), in its Satpayev Exploration......