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New Delhi, March 26, 2016
With this, all approvals for the deal are in place and Rosneft now has to restructure Vankorneft by giving OVL board positions and carving out the Vankor fields into a separate company, all of which is expected to be completed by June.

Mail Today Bureau
New Delhi, March 17, 2016
Russia's national oil company Rosneft, which needs to pay off debts incurred in its $55-billion acquisition of TNK-BP in 2013, is selling almost half of its most promising assets to Indian firms in the deal.

Nidhi Verma and Katya Golubkova
New Delhi/Moscow, March 11, 2016
India plans to sign energy deals with the Russian oil major to buy stakes in Siberian fields, two sources privy to the deal said, as New Delhi accelerates a push to secure overseas energy assets.

By Deepak Bhojwani
Delhi, January 9, 2016
India needs to watch the political developments in Venezuela closely and enhance its engagement with the eventual dispensation.

Moscow, December 25, 2015
India has been pressing for access to its companies in Russia's lucrative hydrocarbons sector and the pacts finalised are likely to facilitate their significant presence in oil and gas exploration in the Eurasian country.

Nidhi Verma
October 20, 2015
ONGC Videsh Ltd (OVL) hopes to capitalise on cheaper assets after a slump in oil prices and Prime Minister Narendra Modi's diplomatic efforts to boost the global presence of Indian firms.

New Delhi, September 4, 2015
ONGC Videsh Ltd, the overseas investment arm of the state explorer, signed agreements in Moscow to buy stake in the oil field in East Siberia for $1.35 bn.

BT Online Bureau
New Delhi, August 26, 2015
With the Sensex trading in choppy waters on Wednesday here are the five stocks that remained in news today.

New York, July 23, 2015
These firms include Indian Oil, Reliance Industries,Tata Motors, State Bank of India, Bharat Petroleum, Hindustan Petroleum and Oil and Natural Gas Corporation.

New Delhi, July 17, 2015
The company was the sole bidder for Area 6 and 12 but the bids were \"rejected as they were considered too low,\" according to Mexico's National Hydrocarbons Commission (CNH).

New Delhi, July 12, 2015
OVL has not found any hydrocarbons in the block but will continue operations in line with India's strategic and diplomatic interest in the region

BT Online Bureau
New Delhi, June 18, 2015
Though there is not a single business news story which can be termed less important, here are five developments that you must know today.

New Delhi, June 17, 2015
Board of OVL, the overseas arm of state explorer Oil and Natural Gas Corp, currently has powers to decide on investment of up to Rs 300 crore.

Nidhi Verma
New Delhi, June 9, 2015
Prime Minister Narendra Modi's Cabinet will soon consider the deal which would also require raising the authorised capital of the subsidiary ONGC Videsh (OVL) by half to Rs 15,000 crore, said three sources aware of the matter.

Mail Today Bureau
New Delhi, April 14, 2015
The public sector oil companies are ready with a $6-billion war chest to develop a gigantic gas field off the Mozambique coast and converting the fuel into liquefied natural gas.

New Delhi, April 13, 2015
State-run ONGC, OIL and BPCL will in the next four years invest USD 6 billion in developing a giant gas field off the Mozambique coast and converting the fuel into LNG for export to nations like India, Oil Minister said.

Kate Holton
London, April 8, 2015
The deal, which is being dubbed as the first oil super-merger in a decade, will result in BG shareholders owning around 19 per cent of the combined group firm.

New Delhi, April 5, 2015
Mexico is opening up its oil sector to private players for the first time after more than 75 years of monopoly by state company Petroleos Mexicanos or Pemex.

New Delhi, January 6, 2015
OVL, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), in September 2013, roped in Denver-based Liberty Resources to tap Bazhenov shale formations in Siberia.

Ajita Shashidhar
January 9, 2015
Bank of America is focused on differentiating itself from the competition in India and also intends to forge closer business ties with its clients says Country Head Kaku Nakhate.

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