Indian Oil Giant Secures U.S. License to Return to Venezuela
4 Articles
4 Articles
Indian Oil Giant Secures U.S. License to Return to Venezuela
India’s Oil and Natural Gas Corporation has secured a license from the U.S. Office of Foreign Assets Control to return to Venezuela, Indian media have reported. India’s largest oil and gas company has a 40% stake in the San Cristobal oil project and an 11% stake in the Carabobo project but was forced to curb activity significantly amid a barrage of U.S. sanctions on the South American country. ONGC’s return to Venezuela could open up access to o…
News of the Day and the Hour Latest News of the day The Indian energy company Oil and Natural Gas Corp (ONGC) obtained a license from the Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department to resume its operations completely in Venezuela, after spending several years limiting its activity due to the risks related to sanctions to the Caribbean nation.
The Indian energy company Oil and Natural Gas Corp (ONGC) obtained a license from the Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department to resume its operations completely in Venezuela, after spending several years limiting its activity due to the risks related to sanctions to the nation [...] India's NGOC entry gets license from the U.S. to resume operations in Venezuela was first published in Information Focus.
The Indian giant of exploration, production and refining, plans to revitalize two modest projects in Venezuela, thanks to the license of OFAC. The post Indian oil company NGOC obtains license from the US to accelerate production in Venezuela appeared first on EL NATIONALA.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
