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Cabinet nod for OVL's investment in Venezuela

NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) on Friday approved ONGC Videsh Limited (OVL) and its partners' investment of $2.181 billion in a giant oilfield in Venezuela bringing the country nearly 3.6 million tonnes a year of crude oil. Under the arrangement, OVL will invest $1.333 ...

August 12th 2010 / 0 Comment / Read More »

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