OVL, the overseas arm of Oil and Natural Gas Corporation (ONGC), has held a 40% stake in the San Cristobal Project in Venezuela since 2008, with the country’s state-owned oil company Petróleos de Venezuela SA (PDVSA) owning the remaining 60%. A PDVSA team is currently in India to discuss the long-pending issue. The outcome of…
Prime Minister Narendra Modi on Tuesday called upon global energy players to invest in India’s energy sector across exploration and downstream sectors, and said the country offers investment opportunities worth $500 billion. The country is now moving towards energy independence, as it has in the past few years ensured energy security, Modi said, addressing the…
The Uttar Pradesh excise department arrested prominent climate activist Harjeet Singh on Tuesday for allegedly keeping “excess” liquor at his home. The arrest came a day after the Enforcement Directorate (ED) searched in connection with a foreign exchange violation case, involving the alleged misuse of 6 crore received from abroad and activities aimed at narrative-building…
