ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...

Venezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...

The US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...

ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing exp...

In 2022, Venezuela saw a glimmer of hope with a U.S. permit allowing Chevron to export Venezuelan oil, boosting the economy despite dispute...

The visiting president will participate in the International Solar Alliance Summit on March 11 and also hold talks with PM Narendra Modi.

The OPEC-member's economy has collapsed since crude prices plummeted in 2014, forcing it to delay payments for oil services and fuel suppli...

OVL owns 40 per cent of Venezuela's San Cristobal oilfield and had invested about USD 190 million in the project in 2008.

As part of the agreement, OVL will stand guarantee for the San Cristobal JV to raise $318 million capital required for raising production f...

Venezuela plans to significantly increase crude oil supply to India and is negotiating with Reliance Industries, its major customer, for a ...

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...

Indian flagship overseas explorer ONGC Videsh Ltd and its partners have signed an agreement to develop a $20 billion oil project in Venezue...

The state-run oil companies of Ecuador and Chile are signing up to explore for oil in the crude-rich Orinoco Belt of Venezuela.

Venezuela and Vietnam have agreed to create two joint oil refining companies, Energy and Oil Minister Rafael Ramirez said.

India and Venezuela teamed up on Tuesday for exploration and production of oil and natural gas in eastern Venezuela.

ONGC Videsh Ltd, the overseas investment arm of Oil and Natural Gas Corporation (ONGC), will sign an agreement on April 8 to take 40 per ce...

The government on Monday authorised ONGC Videsh Ltd to invest 102.21 mn dollars in exploration and production project in Qatar. Tax sheet I...