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ONGC VENEZUELA OPERATIONS
ONGC gets US licence to resume full Venezuela operations, eyes operatorshipONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...
Stocks in news: PB Fintech, LIC, Trent, Ola Electric, and CiplaIn a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a subst...
ONGC eyes operatorship of two Venezuela oil blocksONGC plans to operate two Venezuelan oil blocks soon under new laws. The company regained its stake in Russia's Sakhalin-1 project last Dec...
ONGC, bp sign technical services contract to boost production from Western Offshore BasinONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...
Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
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 ...
US attacks Venezuela: 9 listed Indian companies that could see an impactUS military action in Venezuela impacts Indian companies with energy, engineering, and pharmaceutical ties. ONGC and Reliance Industries fa...
RIL hits record high, ONGC and oil stocks rise up to 2% after Trump’s Venezuela moveReliance Industries and other oil-linked stocks surged following a US military raid in Venezuela, reigniting geopolitical risks. ONGC, with...
ONGC may receive $500 million of unpaid dividends if US lifts sanctions on Venezuelan oilONGC could unlock about US$500 million in unpaid dividends from its Venezuelan assets if US-led restructuring eases sanctions, Jefferies sa...
US strikes Venezuela: Why India is largely insulated from the shockIndia is unlikely to face any economic or energy fallout from the Venezuela crisis as its trade links with the country have already shrunk ...
US attack on Venezuela unlikely to hit Indian refiners hardThe country produces around 900,000 barrels per day of crude - about 1% of the global supply. Of the roughly 765,000 bpd it exports, nearly...
ONGC seeks US exemption to take over Venezuelan oilfields' operationsONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate $500 million of...
OVL seeks waiver of US sanctions on Venezuela to recover dividendsONGC has investments in two Venezuelan oil fields - Sancristobal and Carabobo-1 - but has been unable to receive its share of income for ye...
India tries afresh to recover $660 million from VenezuelaThe rising dues have become an issue for the ONGC Videsh, which is finding it tough to get board approval for another $300-400 mn required ...
Investments in Venezuela face high risks: ONGCVenezuela has already attracted investment from Indian state firms, which are looking for more opportunities there, while Reliance Industri...
- RIL exits ONGC team for Venezuela oil bid
RIL pulled out of an ONGC-led consortium which was formed to bid for a 40% stake in an oil field in Venezuela, leaving the state-run compan...
- ONGC eyes oil blocks in exchange for technology
Three decades back Oil Natural Gas Corporation (ONGC) started developing a technology at Mehsana, a village in those days.
- OVL, CNPC set off on joint oil hunt again
The fledgling co-operation between Indian and Chinese companies in the oil and gas sector is set to get a leg up with ONGC Videsh teaming u...