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Plane crash over Ukraine hits European, Russian shares

Last Updated: Friday, July 18, 2014, 13:18

Europe`s main stock markets fell at the start of trading on Friday, as the crash of a Malaysia Airlines plane in rebel-held eastern Ukraine continued to weigh on investor sentiment.

Russia won`t tolerate US `blackmail` on Ukraine

Last Updated: Thursday, July 17, 2014, 14:03

Russia on Thursday condemned what it called US "blackmail" after Washington imposed sanctions on its energy giants Rosneft and OA Novatek over Moscow`s actions in Ukraine.

ONGC shares end lower on profit-booking

Last Updated: Monday, May 26, 2014, 12:43

Paring early gains, shares of state- owned ONGC ended in the negative zone on heavy profit booking in an overall volatile market on Monday.

ONGC, Russia's Rosneft may join forces to send oil to India

Last Updated: Tuesday, March 25, 2014, 19:43

Rosneft, the world`s top listed oil producer by output, may join forces with Indian state-run Oil and Natural Gas Corpto supply oil to India over the long term, the Russian state-controlled company said on Tuesday.

Rosneft offers stake in 10 offshore blocks to OVL

Last Updated: Friday, February 07, 2014, 17:30

"Rosneft, Russian exploration and production company, has offered nine exploration offshore blocks in Barents Sea and one in Black Sea to OVL," she said in a written reply to a question.

Morgan Stanley sells oil trading business to Russia's Rosneft

Last Updated: Saturday, December 21, 2013, 05:45

Morgan Stanley has sold the majority of its global physical oil trading operations to Russian state-run oil major Rosneft, becoming the latest Wall Street firm to dispose of a major part of its commodity business.

China poses no danger to Russia, says Medvedev

Last Updated: Sunday, October 27, 2013, 10:50

Russian Prime Minister Dmitry Medvedev said here that China poses no danger to Russia, and bilateral cooperation between the two countries will bring mutual benefit.

Russian oil firm to invest $10 bn in Venezuela

Last Updated: Wednesday, January 30, 2013, 18:37

Igor Sechin said Russia's share in production will amount to 15 million metric tonnes annually.

Russia offers stake in Magadan-2, Magadan-3 blocks to OVL

Last Updated: Tuesday, December 18, 2012, 13:34

"OVL team visited the data room and blocks are currently under evaluation," he said in a written reply to a question in Rajya Sabha here. "Based on initial evaluation, blocks are indicated to be rank exploratory in nature and involve high risk of investment."

ONGC Videsh profit drops by 39% in Apr-Sept

Last Updated: Sunday, November 11, 2012, 11:20

Net profit in April-September at Rs 1,649 crore dropped 39.3 percent from Rs 2,717 crore in the same period a year ago, the company said in a press statement here.

OVL in talks to buy stake in Rosneft-operated Madagan-2 field

Last Updated: Monday, October 15, 2012, 19:58

The area is estimated to hold 2.8 billion tonnes of oil and oil equivalent natural gas.

Exxon, Rosneft tie up in Russian Arctic, US

Last Updated: Tuesday, August 30, 2011, 22:29

US oil company Exxon and Russia's Rosneft signed a deal on Tuesday to develop oil and gas reserves in the Russian Arctic, opening up one of the last unconquered drilling frontiers to the global industry No.1.