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PDVSA OIL EXPORTS
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'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 ...
- 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...
- Venezuela readies larger oil cargoes for exports, targets IndiaVenezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...
- US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources sayValero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...
- Reliance Industries in talks for US permit to buy Venezuelan oil: ReportReliance Industries is seeking United States approval to resume buying Venezuelan crude oil. This move comes as India faces pressure to red...
- China's oil investments in VenezuelaChina is a significant player in Venezuela's struggling oil sector, acting as a major buyer and investor. Despite U.S. sanctions, Chinese f...
- About a dozen oil tankers have left Venezuela despite Trump blockade, data shows and sources sayDozens of sanctioned tankers loaded with Venezuelan crude and fuel have departed the country in "dark mode" since the start of the year. Th...
- Venezuela forced to double discount on oil to Asia due to flood of sanctioned crudeAsian buyers are seeking significant price cuts for Venezuelan oil. This is driven by a surplus of sanctioned crude from Russia and Iran. I...
- Private Chinese firm producing oil in Venezuela under rare 20-year pact, source saysChina Concord Resources Corporation has started developing two oilfields in Venezuela. The company plans to invest over one billion dollars...
- 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 selling fuels from India to Venezuela to avoid U.S. sanctionsThe Indian market is crucial for Venezuela's economy because it has historically been the second-largest cash-paying customer for the OPEC ...
- 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 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 ...
- 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...
- 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...
- China will pump $40 bn in Venezuela energyChina will invest more than 40 billion dollars in Venezuela's oil- and gas-rich eastern Orinoco belt by 2016, Energy Minister Rafael Ramire...
- Venezuela, Vietnam set up joint oil refining ventureVenezuela and Vietnam have agreed to create two joint oil refining companies, Energy and Oil Minister Rafael Ramirez said.
- 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...
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