ONGC Videsh aims to operate Venezuelan oil blocks after obtaining a US license, signaling a strategic investment shift.

ONGC plans to operate two Venezuelan oil blocks soon under new laws. The company regained its stake in Russia's Sakhalin-1 project last December. This restored stake increased…

India’s ONGC is poised to take over operation of two Venezuelan oil projects from state-owned PDVSA, which would give the Indian producer direct operational control over assets of…