As a rapidly developing country, India's energy needs are likely to balloon over the coming decades. How and in what areas these needs materialise will depend on five major factors. First, these......
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......
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,......
State-owned ONGC, which trumped a strong bid by archrival China National Petroleum Corp to bag ConocoPhillips' stake in Kazakhstan's giant Kashagan oilfield, has won project operator Eni's approval......
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 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......