ONGC has utilized funds from its Russian dividends to meet its obligations for the Sakhalin-1 abandonment fund. The company is negotiating ...

Billionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDV...

International energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. F...

U.S. oil supply agreement sales with Venezuela are projected to hit $2 billion by month's end, with 40 million barrels expected to be sold....

America has eased sanctions on Venezuela's energy sector. This allows global energy companies to restart oil and gas operations. Companies ...

America's control over Venezuela's oil exports diverts crude shipments previously used to repay China. Venezuela owes China billions, with ...

As the United States tightens its hold on Venezuela's oil shipments, a ripple effect is emerging across geopolitical lines. The alteration ...

The United States will receive a significant oil shipment from Venezuela. President Donald Trump confirmed an agreement for up to 50 millio...

President Donald Trump expressed displeasure with ExxonMobil's stance on Venezuelan oil investments. The company's CEO stated Venezuela is ...

U.S. Treasury Secretary Scott Bessent indicated that additional sanctions on Venezuela could be lifted as soon as next week to facilitate o...

President Trump is meeting US oil giants to secure their backing for Venezuela's energy sector, which he aims to control. Washington assert...

President Trump revealed Venezuela will supply oil to the US. Proceeds will benefit both nations. The White House will meet with top US oil...

China and Venezuela forged a major oil-for-cash deal when both nations had pressing needs. Now, with Venezuela's leader ousted and US sanct...

Venezuela's staggering debt situation has captured global attention. After enduring prolonged economic strife coupled with U.S. sanctions, ...

The US has imposed a series of sanctions on Venezuela to squeeze its oil revenue.

OVL, 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...

Venezuela moved to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops $70 a ba...