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BPCL led consortium finds more oil in Brazil

A consortium of Bharat PetroResources, Videocon Industries and the US-based Anadarko Petroleum Corp have discovered additional oil in their block in the Campos basin, off the Brazilian coast. The......

$20 billion! India Inc on overseas buying spree

Corporate India has put together a whopping $20 billion (Rs 90,000 crore) so far this year to fund its merger and acquisition bills abroad, surpassing all previous full year totals.Indian companies......

OVL to buy ExxonMobil's Brazil oilfield pie

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, will acquire US energy firm ExxonMobil's 30 per cent stake in an oilfield in Brazil for about $1.4-billion."OVL has......

OVL to buy stake in ExxonMobil's oil field

The Cabinet Committee on Economic Affairs has approved ONGC Videsh Ltd's proposal to invest $820 million for acquiring US energy giant ExxonMobil's interests in an oil field located off the......
  Web results for Campos Basin Oil Fields
Brazil's Petrobras sells oilfield stakes, to study fuel-unit sale

SAO PAULO/RIO DE JANEIRO, July 1 (Reuters) - Brazil's state-run oil company Petrobras moved quickly on Wednesday to deliver on promises to shed... ...
Petrobras brings in Merrill to help in $5 bln selloff plan-sources

LONDON/RIO DE JANEIRO, June 3 Indebted Brazilian oil company Petrobras has brought in Bank of America Merrill Lynch to help manage a multi-billion... ...
OVL crawls as Chinese firms race to pick up oil fields

ITS been close to five decades since Hydrocarbons India Pvt. Ltd was set up to explore and develop the Rostam and Raksh oil fields in Iran and... ...
OVL ups capex a third, eyes 9 mtoe output in FY16

This year's capex programme of state-run ONGC Videsh would be higher than last year's by a third. In 2015-16, our capex plan is around R10,000... ...

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