Conocophillips

Kazakhastan blocked $5 bn bid to buy stake in oilfield: ONGC Videsh

OVL had finalised the definitive agreements in November 2012 for acquisition of 8.40 percent participating interest of ConocoPhillips in the NCS PSA.

ONGC loses bid for Kashagan oil field, China gets it

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's $5 bn Kazakh oil deal may fall through

While ONGC got nod of the parters for acquisition of ConocoPhillips stake at end of January, Kazakh government has time till July to approve the transaction.

ONGC gets project operator's nod for Kashagan stake buy

State-owned ONGC, which trumped a strong bid by arch-rival China National Petroleum Corp to bag ConocoPhillips' stake in Kazakhstan's giant Kashagan oilfield, has won project operator Eni's approval for its $5 billion acquisition.

ONGC- Conoco deal likely to get pre-emption right waiver from partners

According to a CNBC-TV18 report, ConocoPhillips will reach out to its consortium partners for the waiver of per-emtion rights. Shell and Exxon were unlikely to want to exercise their right of first refusal because of the ongoing problems at the project.

ONGC's ConocoPhillips buy is India's sixth-largest M&A deal

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), agreed to buy US energy major ConocoPhillips' 8.4 percent stake in Kazakhstan's Kashagan oilfield for about $5 billion.

ONGC-led consortium bid $5 bn for Canada's Conoco oil assets

A completed deal by a group that includes producers Oil and Natural Gas Corp and Oil India Ltd, along with refiner and retailer Indian Oil Corp, would be the first in Canada for Indian energy companies after years of strong public expressions of interest in the Alberta oil sands.<br /><br />

ONGC, ConocoPhillips sign pact for shale gas exploration

ONGC has been trying to explore shale gas on its own and has done some pioneering work in the Damodar Valley.