For the coming fiscal, ONGC is targeting production of 42.5 million tonnes of oil equivalent and has charted out a Rs 32,000-33,000 crore capex plan
The migrants will be taken into custody when admitted into the US, the judge noted, but he wrote that this would at least put them in a better position to press their legal claims.
US Energy Secretary Chris Wright arrived in Caracas to assess Venezuela’s struggling oil industry and meet acting President Delcy Rodríguez, as Washington lifts sanctions and aims to attract foreign investment to rebuild the sector.
The licence issued by the US Treasury Department Thursday covers a variety of activities that could expedite the movement of Venezuelan crude, including exporting, selling, storing and refining that oil, as long as the work is performed by a US entity
Venezuela has the world's largest proven reserves of oil but output has fallen from over three million barrels per day in the early 2000s to around 1.2 million today.
Trump also said that major US oil companies are going to the South American country to scout out projects
Venezuela sits on about a fifth of the world's oil reserves and was once a major crude supplier to the US, with multiple American firms operating in the country until 2007.
Back in 2024, ONGC Videsh has sought a ‘specific license’ to operate in Venezuela from the US Department of Treasury.
Donald Trump first raised eyebrows during an interview with the New York Post, suggesting that a classified system was used during the raid.
The go-fast approach is designed to fulfill the Trump administration’s goal of swiftly increasing crude flows
The unusual event underscores the priority that President Donald Trump’s foreign policy places on the Americas, weeks after he ordered a military raid on Venezuela
The draft bill, seen by AFP, ends decades of state control over Venezuela's biggest industry by allowing "private companies domiciled in the Bolivarian Republic of Venezuela" to engage independently in oil exploration and extraction.
A secret CIA role in Venezuela points to a sharper, risk-heavy turn in US intelligence strategy, and a renewed focus on Latin America under President Trump’s second term.
Washington began clamping down on those sales in December by seizing tankers carrying sanctioned Venezuelan crude.
Since the U.S. attack on Caracas on January 3, when it captured President Nicolas Maduro, the Trump administration has said it plans to "run" Venezuela and that it is cooperating with Maduro's vice-president and interim successor, Delcy Rodriguez.
The map appears to have been created by artificial intelligence and comes amid heated tensions with European allies over Trump’s renewed push to acquire Greenland.
Machado left Venezuela in early December after almost a year in hiding so she could accept her Nobel Peace Prize in Norway.
Despite signs of the Trump administration deepening ties with Maduro's government, Machado gave a mostly upbeat assessment
Rodríguez’s days start earlier, her public remarks are far more concise and the marathon speeches that defined Maduro’s rule are gone
Venezuela produces LPG at its José refining complex in eastern Venezuela
While the medal itself can change hands, the Nobel Peace Prize and the title of laureate cannot. Trump may now possess the gold disc, but he does not possess the prize.
There is currently no international legal framework governing how privately owned satellite networks should operate during wars or political crises.
Trump’s actions in Venezuela and Xi’s machinations around Taiwan are creating the optimum conditions for horizontal nuclear proliferation in Asia, Africa and Latin America in the decade to come
The US’s lightning raid on Venezuela highlights a deep integration and intelligence gap that explains why China, despite modern weapons and elite troops, would struggle to carry out a similarly precise decapitation strike against Taiwan.
Venezuela’s Angel Falls, the world’s tallest waterfall, appears to vanish mid-air as wind, air resistance and evaporation break the falling water into mist before it ever reaches the ground.