OVL investment in Azerbaijani oilfield

OVL’s $60 Million Investment in Azerbaijani Oilfield: Strategic Move and Market Impact

OVL Increases Stake in Azerbaijani Oilfield with $60 Million Investment Overview of the Investment Oil and Natural Gas Corporation Videsh Limited (OVL), the overseas arm of ONGC, has recently made headlines by increasing its stake in the Azerbaijani oilfield. This significant move involves a $60 million investment, reflecting OVL’s strategic intent to enhance its global…

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Coal India critical minerals

Coal India, NMDC, and ONGC Videsh Seek Overseas Critical Mineral Assets

Indian Public Sector Companies Seek Overseas Critical Mineral Assets In a strategic move to secure essential minerals, Indian public sector giants Coal India, NMDC, and ONGC Videsh are actively pursuing overseas assets. This initiative is aimed at reducing India’s dependence on imports and ensuring a stable supply of critical minerals necessary for various industries. The…

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