Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
05 Jul, 2026, 09.46 AM IST
India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
05 Jul, 2026, 09.23 AM IST
Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
29 Jun, 2026, 11.43 AM IST
ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
16 Jun, 2026, 12.56 AM IST
India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
08 Jun, 2026, 02.31 PM IST
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
05 Jun, 2026, 10.59 AM IST
Chevron, Shell to sign agreements for oil, gas areas in Venezuela, sources sayChevron is set to sign agreements to return a gas field in Venezuela and expand operations in the Orinoco heavy crude belt, while Shell pre...
13 Apr, 2026, 10.39 PM IST
Trump says Venezuela to hand over up to 50 million barrels of oil to USPresident Donald Trump announced a new Venezuela oil deal where millions of barrels of oil will be transferred to the United States. The oi...
10 Jan, 2026, 03.36 AM IST
Venezuela’s oil comeback: Windfall or risky bet?Donald Trump is encouraging American companies to invest billions in Venezuela's oil sector. However, extracting this heavy oil requires ma...
09 Jan, 2026, 01.00 PM IST
ONGC Videsh Ltd wants to dip into RIL payments to clear Venezuelean duesOVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC), holds 40 per cent stake in the San Cristobal oil pr...
17 Dec, 2014, 02.35 PM IST
OVL signs MoU with Venezuelan firmONGC Videsh Ltd said it has signed an MoU with Venezuelan state oil firm PdVSA for cooperation in oil-rich Faja area of the Latin American ...
10 Oct, 2013, 08.43 PM IST
- S&P downgrades the fifth largest oil exporter Venezuela's rating to B-plus from BB-minus; focus on political risk
The country posts steady current account surpluses which, combined with strict capital controls, result in positive net asset positions.
23 Aug, 2011, 09.59 AM IST
- China will pump $40 bn in Venezuela energy
China will invest more than 40 billion dollars in Venezuela's oil- and gas-rich eastern Orinoco belt by 2016, Energy Minister Rafael Ramire...
03 Dec, 2010, 10.44 AM IST
- Venezuela, Russia create $4bn development bank
Venezuelan and Russian officials have agreed to create a $4 bn joint development bank to finance gas production, aluminum mining and other ...
09 Nov, 2008, 07.11 AM IST
- Venezuela teams up with companies on natural gas
Venezuela signed accords with private companies from more than a half-dozen countries on Friday, launching a major push into natural gas pr...
20 Sep, 2008, 07.04 AM IST
- OVL to invest $450 mn in Venezuela
ONGC Videsh Limited (OVL) will be investing around $450 million in Venezuela where the company has picked up a 40 per cent stake in an oil ...
05 Apr, 2008, 12.57 PM IST
- Venezuela's Petroleos looks at setting up plant in India
Petroleos De Venezuela SA (PDVSA), the state-owned firm of the Republic of Venezuela and the fifth-largest oil producer in the world, is ex...
18 Jan, 2007, 02.02 AM IST