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1 sources · updated 3h ago

India's ONGC to take operational control of Venezuelan oil projects

India's ONGC is poised to assume operation of two Venezuelan oil projects from state-owned PDVSA, expanding the Indian producer's direct control of assets in the world's largest proven crude reserves. The move follows a new Venezuelan petroleum law and comes after years of limited activity due to U.S. sanctions.

Coverage — read at the source

India's ONGC to take operational control of Venezuelan oil projects · GridDigest