Sachdev said that major oil companies may be used to engage with the Venezuelan opposition, to gain access to the country's oil while sharing profits through royalties.
China in mid-2021 welcomed a Taliban delegation. The country showed its willingness to recognise the Taliban as the US signalled towards its planned withdrawal. In early January 2023, a Chinese firm agreed to sign a 25-year contract for oil extraction in Afghanistan.
The signing ceremony of the over USD 500 million deal took place on January 5 in the presence of the Chinese envoy to Afghanistan Wang Yu, and other high-ranking Taliban officials, including Abdul Ghani Baradar, the acting deputy prime minister for economic affairs.
The signing ceremony took place in presence of the Chinese envoy to Afghanistan Wang Yu, and other high-ranking Taliban officials, including Abdul Ghani Baradar, the acting deputy prime minister for economic affairs.
Srinagar (Jammu and Kashmir) [India], July 28 (ANI): The modern oil extraction plant set up in Srinagar has given a boost to floriculture, provided employment opportunities and boosted the income of locals.
Quito [Ecuador], Apr 27 (ANI): The native Waorani community on Friday (local time) fended off major degradation of their lands at the hands of oil companies by defeating three government bodies in court, for conducting a faulty consultation process with the people before putting their lan