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US crude inventories likely saw a build for the second straight week, rising 200,000 barrels in the week ended March 30.

Venezuela turns to India for major oil exports as US sanctions bite

Venezuela's oil exports have tapered off and shifted toward India since new US sanctions began on January 28.

13 Feb 2019 11:03 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance says not breaching US sanctions against Venezuela

Reliance's few transportation fuel shipments to Venezuela, treated as offsets for crude oil receipts.

23 March 2019 10:16 AM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

Reliance selling fuels from India to Venezuela to avoid US sanctions

Reliance had been supplying alkylate, diluent naphtha, and other fuel to Venezuela though its US-based subsidiary.

21 March 2019 8:57 AM IST

Reliance Industries Limited

Reliance halts oil exports to Venezuela in view of US sanctions

Reliance has investments in US shale gas projects and trades fuel in North America.

14 March 2019 9:14 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Not involved in any cash payment arrangement to Venezuela's PDVSA for...

PDVSA is only the original physical supplier, as the crude oil originates in its export facilities

20 April 2019 2:54 PM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Reliance, Chevron defend against US criticism of oil business with...

The White House has yet to enforce secondary sanctions announced in August aimed at non-US companies buying Venezuelan...

7 Feb 2020 12:36 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC gets USD 32 million payment from Venezuela's PDVSA

PDVSA paid about USD 90 million of that but has not paid the rest.

5 Dec 2018 11:26 AM IST