November 9, 2024
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global oil market

OVL investment in Azerbaijani oilfield

OVL’s $60 Million Investment in Azerbaijani Oilfield: Strategic Move and Market Impact

Prateek013 mins

OVL Increases Stake in Azerbaijani Oilfield with $60 Million Investment Overview of the Investment Oil and Natural Gas Corporation Videsh Limited (OVL), the overseas arm of ONGC, has recently made headlines by increasing its stake in the Azerbaijani oilfield. This significant move involves a $60 million investment, reflecting OVL’s strategic intent to enhance its global…

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OPEC oil production

OPEC oil production : OPEC Members Announce Cut in Oil Production Exceeding One Million Barrels per Day from Next Month – News and Analysis

Radhika Sharma09 mins

OPEC oil production : OPEC members announce cut in oil production exceeding one million barrels per day from next month In a major development, the members of the Organization of the Petroleum Exporting Countries (OPEC) have announced a cut in oil production exceeding one million barrels per day from next month. This decision was taken…

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