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OIL CONTRACTS IN VENEZUELA
Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...31 Aug, 2026, 08.09 PM IST- 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...21 Aug, 2026, 05.25 PM IST
- 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...31 Jul, 2026, 12.38 AM IST
- Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...26 Jun, 2026, 07.05 AM IST
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...26 Jun, 2026, 02.33 AM IST
- ONGC, bp sign technical services contract to boost production from Western Offshore BasinONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...25 Jun, 2026, 03.49 PM IST
- US allows oil majors to resume Venezuela operations, broadly okays new energy investmentsAmerica has eased sanctions on Venezuela's energy sector. This allows global energy companies to restart oil and gas operations. Companies ...13 Feb, 2026, 10.56 PM IST
- 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...05 Jan, 2026, 07.00 PM IST
- Trump's plan to seize, revitalise Venezuela's oil industry faces major hurdlesAmerica is taking charge of Venezuela's oil sector, but that is unlikely to change oil prices immediately. Years of neglect and sanctions h...04 Jan, 2026, 05.27 PM IST
- 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...22 Aug, 2025, 12.59 PM IST
- Reliance to swap diesel for Venezuelan crude oilRIL operates twin refineries with a capacity to process 1.36 million barrels per day of crude oil at Jamnagar in Gujarat.14 Oct, 2019, 10.41 AM IST
- 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.20 Apr, 2019, 01.17 PM IST
- Investments in Venezuela face high risks: ONGCVenezuela has already attracted investment from Indian state firms, which are looking for more opportunities there, while Reliance Industri...18 Jan, 2014, 05.21 AM IST
- OVL mulls raising stake in $20 billion Venezuela oil projectOVL is looking at buying a similar stake that Malaysia's Petronas has decided to give up in the project.24 Sep, 2013, 03.17 PM IST
- Reliance Industries eyes oil blocks in VenezuelaRIL currently imports about 300,000 barrels per day of oil from Venezuela for processing at its twin refineries at Jamangar in Gujarat.03 Sep, 2013, 03.45 PM IST
- RIL signs areement with Venezuela for heavy oil projectReliance Industries today said it has signed an agreement with Venezuela for a project to produce heavy oil in the South American OPEC nati...03 Oct, 2012, 11.11 PM IST
- Venezuela does not plan on halting oil exports to the USPresident Hugo Chavez sent a soothing message to American motorists, saying that Venezuela is not preparing to cut off oil shipments to the...18 Feb, 2008, 09.47 AM IST
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