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Kazmunaigaz

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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,......

Mittal keen to sell Kazakh oil field stake to OVL

Steel czar Lakshmi N Mittal is keen on selling half of his stake in a Kazakhstan oil field to state-run ONGC Videsh Ltd to tide over the severe financial constraint affecting his planned expansion......

ONGC keen to ink deal with Kazakh govt

ONGC Videsh Limited is lining up billion-dollar infrastructure development projects for Kazakhstan to secure oilfields. The company is keen to ink deal with Kazakhstan government for getting the......

CNPC finally acquires PetroKazakh

China's biggest oil conglomerate China National Petroleum Corporation on Thursday announced the successful acquisition of Canada-based PetroKazakhstanInc, ending months of manoeuvering by its......

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