New Delhi, Jan 5 (IANS) ONGC may receive nearly $500 million in unpaid dividends from its Venezuelan oil project as the evolving US-Venezuela situation has revived expectations of long-pending payouts from the South American nation, global brokerage firm Jefferies has said.Market experts are anticipating that a potential US takeover of Venezuela’s oil industry could eventually lead to the lifting of sanctions on Venezuelan crude exports.Although US President Donald Trump has said that sanction…
Latest Indian Oil Corporation News & Updates
New Delhi, Jan 1 (IANS) Commercial LPG prices have risen sharply at the start of the month, adding to the cost burden of hotels, restaurants and other businesses that rely heavily on cooking gas.The price of a 19-kg commercial LPG cylinder has been increased by Rs 111 across major cities.In Delhi, the price of a 19-kg commercial LPG cylinder has gone up to Rs 1,691.50. In Mumbai, the rate has increased from Rs 1,531.50 to Rs 1,642.50.Kolkata has seen the price rise from Rs 1,684 to Rs 1,795. Che…