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21.10.26 - 09:00
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US Wants India′s Reliance to Refine More Venezuelan Oil (Bloomberg)
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The US is looking to persuade India's Reliance Industries to refine more Venezuelan crude as Washington seeks to bring additional supplies to a market rattled by the Iran conflict. Bloomberg's Sudhi Ranjan Sen has more from US Secretary of State Marco Rubio's visit to India. (Source: Bloomberg)...
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21.10.26 - 07:36
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Rubio to Discuss Venezuelan Crude with Ambani (Bloomberg)
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US Secretary of State Marco Rubio hopes to discuss Venezuelan crude in his meeting with Reliance Industries' Chairman Mukesh Ambani at Jamnagar in India's western state of Gujarat. "This is a company that has the capability to refine the heavy crude that's produced in the western hemisphere, including from Venezuela," he told reporters on Wednesday. (Source: Bloomberg)...
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18.10.26 - 04:01
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Venezuela signs 61 oil agreements, expects $76 billion in investments over five years (Times of India)
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Venezuela is set to draw approximately $76 billion in foreign investment over the next five years to revitalize its oil sector. The recent agreements with the United States encompass 17 oilfields and plan for the deployment of 250 drilling rigs. Particularly in Zulia state, oil production has surged and is anticipated to keep growing, despite the ongoing hurdles of sanctions and underinvestment....
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