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Videocon JV buys oil firm
Mumbai, Sept. 19: Videocon Industries, in consortium with state-run refiner Bharat Petroleum Corp Ltd, has acquired a Brazilian oil exploration firm for over Rs 1,309 crore. A 50:50 joint venture of Bharat PetroResources Ltd (a BPCL subsidiary) and Videocon Industries has completed the acquisition of the entire stake of EnCana Brasil Petroleo Limitada (EBPL) from Canadian gas producers ? EnCana Corp and Alberta Ltd, Videocon said on Friday in a f...
9/19/2008 5:56:23 PM
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