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VENEZUELA ENERGY PROJECTS
ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...- Oil giants circle Venezuela as Chevron, ONGC, GE Vernova on track to sign final pactsInternational energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. F...
- Venezuela's interim president says US energy deal will last 25 yearsVenezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...
- Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
- Quote of the Day by Simon Bolivar: “Spirit cannot be compared with matter...” — a powerful life lesson on courage, freedom, resilience, self-belief and why inner conviction can matter more than material strength, from the Venezuelan independence leader known as El Libertador for his role in South American liberation and political transformationQuote of the Day by Simon Bolivar: Simon Bolivar's famous quote, “Spirit cannot be compared with matter” captures a sharp contrast between ...
- 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...
- 'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
- Big bets, bigger risks: Why US oil majors are holding back in VenezuelaUS oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...
- One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
- 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...
- Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
- 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 ...
- Brazil emerges as major rare earths source for IndiaBrazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...
- 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...
- India, Venezuela discuss deeper energy cooperation during Modi-Rodriguez talksIndia and Venezuela are strengthening energy sector cooperation. Discussions between Prime Minister Narendra Modi and Venezuela's interim P...
- 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 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...
- 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...
- Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO saysJean Paul Prates said Petrobras has also formed task forces with Indian explorer Oil and Natural Gas Corp and refiner Bharat Petroleum Corp...
- ONGC Videsh's Venezuela field begins productionThe first well in the Carabobo field of Venezuela's oil-rich Orinoco Belt a few days back began pumping extra-heavy crude, sources said.
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