An Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip in several years for the company. The team plans to see oil fields and meet with Venezuelan energy officials. They are keen to become operators of existing oil projects and enhance production. This development occurs as Venezuela's oil sales to India are recovering.

International energy giants are on the brink of finalizing key agreements for projects in Venezuela, which may be signed within the week. Firms including Chevron and Eni are set…

Chevron, India’s ONGC, GE Vernova, Eni and GeoPark are preparing to sign final energy agreements in Venezuela, bringing new foreign investment into the country’s oilfields and…