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ONGC's overseas arm to restart Venezuela operations: Report
short by Vaishnavi Mishra / on Tuesday, 16 June, 2026
ONGC Videsh, Oil and Natural Gas Corporation's global arm, is planning to revive its long-paused stakes in Venezuelan oil assets, Economic Times reported. This comes after Venezuela updated its laws to accept more foreign investment following US military operation that removed former President Nicolas Maduro. Videsh is owed over $900 million in unpaid dividends from these projects.
read more at NewsBytes