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ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

State-run Oil and Natural Gas Corporation's bid to sell stake in its deep water and ultra deep water blocks to US-based ConocoPhillips and Shell Corporation has hit a ministry of defence block. The......

Kazakhastan blocked $5-bn bid to buy oilfield stake: OVL

ONGC Videsh Ltd (OVL) on Wednesday said its $5 billion bid to buy a stake in Kazakhastan's biggest oilfield has been blocked by the central Asian nation. "Based on the communication received......

India loses Kashagan oil field to China

India's ONGC has lost the giant Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 billion deal to buy US energy major ConocoPhillips' stake in the Caspian Sea oilfield. ONGC Videsh,......

$5-bn Kashagan stake buy: ONGC gets nod

ONGC Videsh Ltd, which trumped a strong bid by arch-rival China National Petroleum Corp to bag a stake in Kazakhstan's giant Kashagan oilfield, has cleared the first hurdle when it secured approval......

ConocoPhillips in talks to pick stake in ONGC blocks

US-based ConocoPhillips is in talks with state-run Oil and Natural Gas Corporation to pick stake in more than one of its ultra-deep-water blocks. A senior executive from ONGC said ConocoPhillips,......

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