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OVL discusses $500 million dividend payout with Venezuela’s PDVSA

IndiaVenezuela
First seen: Sep 2, 2026, 1:32 AM UTCUpdated: Sep 2, 2026, 8:01 AM UTC
WHAT HAPPENED

India’s ONGC Videsh is in talks with Venezuela’s PDVSA over a $500 million dividend payout in cash or oil.

SO WHAT?

The arrangement could affect energy payments and India–Venezuela commercial ties amid Venezuela’s constrained economic environment.

FOR ME

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COVERAGE

Reports behind this event

2
moneycontrol.comen
ONGC Videsh in talks to recovery $500 million Venezuela dividend, weighs cash or crude payment
Sep 2, 2026, 8:01 AM UTC
livemint.comen
OVL in talks with PDVSA for $500 million dividend payout in cash or oil
Sep 2, 2026, 1:32 AM UTC