India’s ONGC Videsh to Get Some Oil from Venezuela In Lieu of $600M Dividend
February 10th, 2024
Via Reuters, an article on a growing petroleum connection between India and Venezuela: Venezuela has agreed to give some oil to India’s ONGC Videsh to help it recoup its pending $600 million dividend for a stake in a project in the South American nation, India’s oil secretary said on Wednesday. Indian refiners have resumed purchase […]
Read more »ONGC’s $5 Billion Kazakhstan Oil Deal May Fall Through
May 3rd, 2013
Via NDTV, a look at the status of India’s bid to acquire a large stake in the Kashagam oil field: Oil and Natural Gas Corp’s (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips’ stake in a Kazakhstan oil field is likely to fall through as India hasn’t been able to convince the Central […]
Read more »China And India Unite On Energy
July 10th, 2012
Via The Diplomat, analysis of the growing energy ties between China and India: On June 19, 2012 India’s Oil and Natural Gas Corp. (ONGC) and the China National Petroleum Corp. (CNPC) signed a Memorandum of Understanding (MoU). The MoU is intended to strengthen existing exploration and production (E&P) operations in Burma, Sudan, and Syria, and […]
Read more »An Indian Tiger Loose In Africa?
February 2nd, 2010
Via Energy Daily, a look at India’s renewed efforts to secure an economic foothold in Africa in a new scramble with China for the continent’s resources, recently signing energy deals with top oil producers Angola and Nigeria. As the article notes: “…India has lagged behind China’s aggressive courting of African nations to secure rights to […]
Read more »India and Iran: Strategic Energy Initiatives
December 8th, 2009
Courtesy of The Financial Express, a report on ONGC Videsh Ltd’s (OVL), the special-function arm of state-owned oil and gas producer ONGC, efforts in finding equity oil abroad especially in Iran. As the article notes: “Iran is strategically important for us, as in a world worried over the progressive depletion of hydrocarbon reserves it is […]
Read more »India’s ONGC Struggles To Keep Up
December 30th, 2008
Via The Wall Street Journal, interesting analysis of India’s Oil and Natural Gas Corporation’s (ONGC) struggles to keep up with India’s fast growing economy. As the article notes “…Oil and Natural Gas Corp. provides about a quarter of India’s oil and gas needs and its increased output is important to the nation’s growth. Yet ONGC’s […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.