ONGC To Explore Investing In Argentina Gas Assets: Chairman Arun Kumar

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation

Topics

ONGC | Argentina | Investment

Reuters  |  BENGALURU 



ONGC, ONGC logo

Photo: Twitter

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

India's state-run Oil and Natural Gas Corp Ltd will explore investing in gas assets in Argentina, its chairman said on Tuesday.

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation.

"This is an enabling MoU. They have gas (assets)... so we will explore investing there," the chairman said at an event in Bengaluru.

 

(Reporting by Nidhi Verma, Writing by Shivam Patel; Editing by Kim Coghill)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Tue, February 07 2023. 14:32 IST


RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more