OVL seeks legal advice after U.S. sanctions oilfield with Indian stake

OVL seeks legal advice after U.S. sanctions oilfield with Indian stake

ONGC Videsh Ltd has sought legal opinion after the United States imposed sanctions on a Russian oilfield in which a consortium of Indian companies holds a 49.9% stake, sources said. U.S. President Donald Trump on October 22 announced new sanctions against two of Russia’s largest oil companies, Rosneft and Lukoil, in a bid to pressure […]

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