ONGC gets U.S. licence to resume full Venezuela operations, eyes operatorship

🌐 The Hindu (VE) —
ONGC gets U.S. licence to resume full Venezuela operations, eyes operatorship

AI Summary

ONGC has received U.S. approval to resume full operations in Venezuela, removing significant barriers and positioning the company to potentially expand its production in the country.

The U.S. approval removes a key hurdle for ONGC's Venezuelan investments and could pave the way for the state-run explorer to expand production

Politics Markets Deals Energy ONGC Venezuela U.S. license oil production energy sector India political approval

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