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Venezuela's oil exports jump to highest since 2018, with more sales to US, IndiaVenezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to th...- 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...
- US lifts sanctions on Venezuela acting president, opening door for assets controlThe U.S. Treasury Department removed sanctions against Venezuelan interim President Delcy Rodriguez, a move that follows increased engageme...
- Morgan Stanley expects Venezuela's bonds to soar in restructuringThe value of Venezuela's government and state oil firm bonds could surge when they are eventually restructured, analysts at Wall Street inv...
- PDVSA and Reliance resume oil swap under US license, document showsVenezuela's PDVSA and India's Reliance Industries have restarted an oil swap deal after a pause due to U.S. sanctions. A U.S. license grant...
- Indian refiners RIL, Nayara Energy plan to wind down Venezuelan oil buys in April: SourcesSuch a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...
- Reliance Industries says not violating US sanctions on Venezuela, bought oil with knowledge of US authoritiesReliance has purchased Venezuelan crude oil from companies such as Rosneft long before the imposition of the US sanctions.
- Reliance says not involved in any cash payment arrangement to Venezuela's PDVSA for oilOne internal PDVSA document indicated shipments of Venezuelan oil to Reliance in April would be settled via Rosneft.
- Venezuela turns to India as sanctions cut oil flow to U.S., EuropeThe South American nation is turning its focus to cash-paying buyers, especially in India, its second-largest customer after the US.
- Venezuela starts clearing ONGC Videsh Ltd's $449 million duesOVL Managing Director Narendra K Verma said Petroleos de Venezuela (PDVSA) had last month shipped a cargo of crude oil to Reliance Industri...
- ONGC Videsh Limited declines Venezuela's offer for additional stake in oilfield"Cash-strapped PDVSA hasn't been able to pay our dues and the additional stake may be used to settle the dues. We don't think that is what ...
- Venezuela stops payment of oil dues to ONGC VideshVenezuelan national oil company Petroleos De Venezuela S.A. (PDVSA), which holds the remaining 60 per cent stake, has not paid the dividend...
- Venezuela's PDVSA to rope in customers to pay $449 million to ONGCOVL owns 40 per cent of Venezuela's San Cristobal oilfield and had invested about USD 190 million in the project in 2008.
- ONGC falls after PDVSA misses debt paymentsPDVSA earlier used a Russian state-owned bank and Reliance Industries as intermediaries to make payments to ONGC.
- Venezuelan partner says ONGC can get pending $537 million dividend within a year of arranging $1 billion creditPDVSA chief Eulogio Del Pino on Monday met oil minister Dharmendra Pradhan in a bid to resolve the long-drawn tussle between the two firms.
- Venezuela to boost India oil suppliesVenezuela plans to significantly increase crude oil supply to India and is negotiating with Reliance Industries, its major customer, for a ...
- 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 ...
- RIL in talks with Venezuela's oil company PDVSA to produce heavy oilReliance Industries is in talks with Venezuela's PDVSA to produce heavy oil in the South American OPEC nation, PDVSA Executive Director Fad...
- Venezuelan oil firm keen on stake in IOC's Paradip refineryVenezuelan national oil firm PdVSA is keen on taking a stake in Indian Oil Corp's Rs 29,777 crore Paradip refinery in exchange for committi...
- Petroleos Venezuela may buy big stake in MRPL refineryPetroleos De Venezuela SA (PDVSA), the state-owned company of the Republic of Venezuela and the fifth-largest oil producer in the world, is...
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