ONGC Secures US Treasury Licence to Expand Oil Operations in Venezuela

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India's state-owned Oil and Natural Gas Corporation (ONGC) has received a licence from the US Treasury Department to expand its operations in Venezuela. The approval substantially eases sanctions-related restrictions that had previously limited ONGC's activities in the country. With the new clearance, ONGC is now positioned to increase investments and boost oil production capacity in Venezuela. The licence also opens the door for ONGC to pursue fresh contracts and potentially take over projects currently held by Venezuela's state oil company, PDVSA.

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BJP Names Deepak Mhaskey as New IT Cell Head, Succeeding Amit Malviya

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30 Big Cats from Closed Argentine Zoo Relocated to Sanctuaries in South Africa and US

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Michigan researchers release 1,300 butterflies after species neared extinction in 2022

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