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Feature Article
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| OVL Acquires 25% Stake In Sudan Oil |
| 14th March 2003, The Pioneer |
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| In its first major overseas acquisition, ONGC Videsh paid Rs 3,350 crore to get 25 per cent equity in Sudan's Greater Nile Oil project. |
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Feature Article
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| Sudan Deal: Higher Crude Prices Save $50 mn For OVL |
| 17th March 2003, indianpetro.com |
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| Higher oil prices have knocked off $50 million from the price paid by ONGC Videsh Ltd. for a 25 per cent stake in the Greater Nile Oil Project (GNOP). |
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Feature Article
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| ONGC Hits Black Gold In Jaisalmer |
| 24th March 2003, The Hindustan Times |
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| ONGC has found new oil and gas reserves in Jaisalmer district. The oil samples have been sent to Dehradun for quality testing. |
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Feature Article
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| ONGC To Set Up Trading Desk |
| 29th March 2003, The Pioneer, New Delhi |
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| ONGC will set up a specialised trading desk in India to market crude oil received from investments in oil fields abroad and surplus petroleum products from subsidiary MRPL. |
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Feature Article
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| Gushing Over |
| 31st March 2003, Business India, Ashish Gupta |
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| The only PSU that is both MVA- and EVA positive, ONGC's gains indicate a quiet focus on internal efficiencies. The story of how. |
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ONGC News
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| ONGC, Reliance Strike Deal With British Gas On Panna, Mukta & Tapti Fields |
| 1st March 2003, ONGC News |
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| ONGC, British Gas and Reliance Industries Limited (RIL) have reached an amicable agreement regarding the operortership of Panna, Mukta and Tapti oil and gas fields. |
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ONGC News
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| ONGC Acquires Aditya Birla Group Shares In MRPL |
| 3rd March 2003, ONGC News |
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| ONGC formally acquired 37.38 percent equity shares of Mangalore Refinery and Petrochemicals Limited (MRPL) today by paying Rs. 59.341 Crore to Aditya Birla Group. |
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ONGC News
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| ONGC’s Sasikaran Wins Asian Chess Championship |
| 8th March 2003, ONGC News |
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| K Sasikaran of ONGC has won the 4th Asian Individual Men’s Chess Championship in Doha, Quatar on March 2, 2003. |
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ONGC News
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| MRPL Revived – EGM Approves ONGC Takeover |
| 29th March 2003, ONGC News, Mangalore |
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| In an Extraordinary General Meeting (EGM) held here on March 28, MRPL shareholders approved ONGC's taking over MRPL with a majority equity of 51% and exclusive management control. |
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