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,......
ONGC Videsh Ltd, which trumped a strong bid by arch-rival China National Petroleum Corp to bag a stake in Kazakhstan's giant Kashagan oilfield, has cleared the first hurdle when it secured approval......
State-owned ONGC, which trumped a strong bid by archrival China National Petroleum Corp to bag ConocoPhillips' stake in Kazakhstan's giant Kashagan oilfield, has won project operator Eni's approval......
Rating agency Moody's has said ONGC's acquisition of ConocoPhillips' 8.4 per cent stake in Kazakhstan's Kashagan oilfield will be 'credit negative' as the state-owned firm's debt will rise by $5......
Billions of dollars are spent on energy projects across the world. Kashagan oil field is the world's most expensive energy project. The safety, engineering, logistical and environmental challenges......