RIL asked to join ONGC for Venezuela project

State-owned Oil and Natural Gas Corp (ONGC) may have won a large oil block in Venezuela but the Petroleum Ministry wants Reliance Industries to join the project to give stability to the venture.......

Govt clears ONGC's Venezuela investment

The government on Friday gave Oil and Natural Gas Corp and partners approval to invest $2.181 billion in a giant oilfield in Venezuela that will give energy deficient India 3.6 million tonnes a......

Indian oil PSUs win Venezuela block

Oil and Natural Gas Corporation and partners Indian Oil Corporation and Oil India Ltd have won a bid to develop a major crude oil block in Venezuela, its first major overseas success since Imperial......