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Oil majors sign deal for Venezuelan oil field

Indian flagship overseas explorer ONGC Videsh Ltd and its partners have signed an agreement to develop a $20 billion oil project in Venezuela that will give energy-deficient India 3.6 million......

European cos sign up for Angola gas project

A consortium of European companies has signed up an agreement with Angolan government for exploration of its gas and oil reserves. The consortium includes two Spanish (Gas Natural and Repsol YPF),......

Global oil majors vie for key gas project

Exxon, Shell, BP, British Gas are among the 13 companies in fray for development of Krishna-Godavari basin field.ExxonMobil, Shell, British Petroleum and British Gas have expressed interest in the......

OVL plans JV, buyouts abroad

ONGC Videsh (OVL) is looking at block buyouts and exploration joint ventures overseas to source around 22 million tonne (mt) crude by 2010.By 2008-09, the parent company, ONGC, will provide 50 mt......

OVL to concede equity to Cuban firm

ONGC Videsh Ltd will have to concede equity to the Cuban government-owned Cubapetroleo in the two offshore blocks it has been offered in that country. OVL had got operating right in the two......

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Repsol Ypf

News for Repsol Ypf

Oil majors sign deal for Venezuelan oil field

European cos sign up for Angola gas project

Global oil majors vie for key gas project

OVL plans JV, buyouts abroad

OVL to concede equity to Cuban firm

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