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ORINOCO BELT
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 ...- 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...
- 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...
- Venezuela starts clearing ONGC Videsh Ltd's $449 million duesOVL Managing Director Narendra K Verma said Petroleos de Venezuela (PDVSA) had last month shipped a cargo of crude oil to Reliance Industri...
- Reliance Industries to take up oil block in VenezuelaRIL is close to taking an oil block in the Latin American nation that can produce as much as 10 million tons of oil per annum.
- 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.
- OVL mulls buying Petronas stake in VenezuelaONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), and its partners OIL and IOC are mulling buying 11 per cent...
- 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.
- 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...
- 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...
- Reliance Industries keen on taking project in Venezuela's heavy crude beltRIL wants to partner Venezuelan state oil monopoly Petroleos de Venezuela to develop a project in the Orinoco extra heavy crude belt, indus...
- 'Venezuela has world's largest oil reserves'Venezuela has surpassed Saudi Arabia to become the nation with the largest proven crude oil reserves in the world, at 297 billion barrels, ...
- 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...
- ONGC, IOC, OIL consortium wins oil block in VenezuelaONGC & IOC and OIL have won a bid to develop a major crude oil block in Venezuela, its first major overseas success since Imperial Energy P...
- RIL exits ONGC team for Venezuela oil bidRIL pulled out of an ONGC-led consortium which was formed to bid for a 40% stake in an oil field in Venezuela, leaving the state-run compan...
- OVL, Reliance, IOC in talks for $16-18 bn Venezuela projectOil and Natural Gas Corp, Reliance Industries and Indian Oil Corp, are coming together for the first time, to bid jointly for a vast oilfie...
- Ecuador state oil company to operate in VenezuelaThe state-run oil companies of Ecuador and Chile are signing up to explore for oil in the crude-rich Orinoco Belt of Venezuela.
- Venezuela to sell Spain oil at $100 a barrel: ChavezVenezuela will sell Spain up to 10,000 barrels of oil per day at 100 dollars a barrel in exchange for imports of medical equipment and othe...
- ONGC Videsh, Petroleos to develop oil field in VenezuelaONGC Videsh Ltd and Petroleos De Venezuela S.A. have signed a joint venture agreement for the San Cristobal Field in Junin, Orinoco region ...
- Govt authorises OVL to invest $102 mn in QatarThe government on Monday authorised ONGC Videsh Ltd to invest 102.21 mn dollars in exploration and production project in Qatar. Tax sheet I...
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