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Hurricane Harvey makes landfall in Texas

 Tropical storm Harvey, the most powerful hurricane to hit the United States mainland in 12 years, on Saturday made landfall in central Texas coast with winds of 195 kmph, taking aim at the......

OVL to buy Anadarko's 10% stake in Mozambique gas field

 ONGC Videsh Ltd, overseas arm of state-run explorer Oil and Natural Gas Corp, said on Monday it will buy US energy major Anadarko Petroleum Corp's 10 per cent stake in an offshore gas field in......

Anadarko, Venugopal Dhoot put gas asset on the block

 US oil and gas explorer Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20 percent stake in a Mozambique gas field that could fetch $4.5 billion,......

OVL-OIL offers $5 bn for 20% in Africa gas field

 After buying ConocoPhillips’ 8.4 per cent stake in a Kazakhstan oil field for $5 billion last year, ONGC Videsh Ltd and its partner Oil India Ltd have closed in on another energy asset in......

ONGC Videsh-Oil India complete acquisition of Videocon stake

 ONGC Videsh Ltd and Oil India Ltd have completed the acquisition of Videocon Group's 10 per cent stake in a giant Mozambique gas field for $2.475 billion, the companies said on Wednesday. OVL, the......

Videocon strikes gas in Brazilian offshore block

 Videocon Industries on Tuesday said a well drilled to confirm an oil discovery in its Brazilian offshore block has struck 200 feet of high-quality hydrocarbon zone. "The Wahoo-5 appraisal well......

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