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VERIFIEDMint Markets·neutral
ONGC clarifies report on OVL’s Venezuela operations, says framework talks underway
AI Summary
- ·ONGC confirmed OVL's bid for U.S. approval to resume operations in Venezuela.
- ·OVL has significant assets in Venezuela that could be developed further.
- ·ONGC noted no material price movement or financial impact has been assessed yet.