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So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...- Microsoft to rent Nscale AI data center capacity in PortugalMicrosoft will rent capacity from Nscale at a data center in Portugal. The project, which will use Nvidia's latest AI chips, will be hosted...
- A $9.4 trillion results day looms in a test for stock marketIn a year that the S&P 500 and other major indexes have slumped into bear market territory, the day will have a lot riding on it. Particula...
- US to let Eni, Repsol ship Venezuela oil to Europe for debt: SourcesThe two European energy companies, which have joint ventures with Venezuelan state-run oil company PDVSA, can count the crude cargoes towar...
- Berkshire Hathaway to join global debt bonanzaThe deals come as corporate credit risk begins to nudge lower after ballooning during March.
- A flood of $25-a-barrel Saudi Arabian oil is headed for EuropeSaudi Arabia is offering its flagship Arab Light crude into Rotterdam for roughly $25 a barrel.
- Meet the economy that the IMF sees growing 86% in 2020Guyana, a country of 780,000 that neighbors Brazil and Venezuela in the region’s northeast corner, will see its economy balloon 86% next ye...
- 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...
- Reliance eyes stake in Venezuela crude oil block, Mexico exploration assets: ExecutiveRIL is looking to pick up an 11% stake in Venezuela's Petrocarabobo project that was recently surrendered by Malaysia's Petronas.
- ONGC Videsh not to exercise pre-emption rights in Venezuela's Petroleos de VenezuelaAll the partners in the project, including PdVSA, have right of first refusal or pre-emption rights to the Petronas stake.
- 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...
- 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.
- OVL, IOC and OIL sign agreement for Venezuelan oilfieldIndian flagship overseas explorer ONGC Videsh Ltd and its partners have signed an agreement to develop a $20 billion oil project in Venezue...
- ONGC's $2 bn Venezuelan investment plan gets nodCCEA cleared ONGC's $2.2 bn Venezuelan investment.
- 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...
- ONGC bids for Venezuela oil blockONGC has bid for Venezuela's Carabobo oil auction along with Spain's Repsol YPF SA and Petroliam Nasional Bhd of Malaysia.
- OVL eyes Russian partner to bid for Argentina's YPFOVL, the overseas investment arm of state-owned ONGC, is in talks with three Russian companies—Rosneft, Lukoil and Gazprom—for acquiring a ...
- Caspian sea project agreement revised to accommodate MittalConsequent to India-born billionaire Lakshmi N Mittal acquiring 50 per cent stake in a Kazakh oil firm, which among others has interest in ...
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