Oil and Natural Gas Corp (ONGC) is reportedely in discussions with Venezuela's state-owned oil producer PDVSA to purchase either a portion or all of its holdings in two oilfields located in the South American country.

India's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC securing a crucial US license to operate,…

Oil and Natural Gas Corp (ONGC) is reportedely in discussions with Venezuela's state-owned oil producer PDVSA to purchase either a portion or all of its holdings in two oilfields…