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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.
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