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ONGC Receives U.S. Approval to Expand Venezuela Oil Operations

India's ONGC has received U.S. approval to increase its operations in Venezuela and is seeking control of oil projects there.

By DoomRadar · Published on DoomRadar .

Why it matters

The approval could affect foreign participation in Venezuela's oil sector and has implications for sanctions policy and energy relations involving India, Venezuela, and the United States.

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  1. ONGC gets US nod to step up Venezuela operations , looks to take control of oil projects ↗aninews.in · Recorded source date: Aug 17, 2026, 4:00 PM UTC

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