The Emergence Machine
E14 live briefing#50 on the stream
San Cristobal, Venezuela

Oil Deal Talks Progress

ONGC expects to acquire operatorship rights in Venezuelan oil projects within three to six months, per The Hindu.

The Indian state-run company is also seeking recovery of $500 million in dues from Russia, which it says are tied to Sakhalin fund investments, Moneycontrol reports.

Meanwhile, a series of minor earthquakes struck near San Cristobal this week, including a magnitude 2.8 event on Tuesday morning, Volcanodiscovery notes.

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Sources —

3 articles
01thehinduthehindu.com · 6 NovONGC expects to acquire operatorship rights in Venezuelan oil projects in 3-6 months’ time 02moneycontrolmoneycontrol.com · 6 NovONGC eyes operatorship of two Venezuela oil projects in six months, seeks recovery of $500 million dues 03mm.economictimes.com · 6 NovONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfields