Exclusive-Increased Orinoco Belt output boosts Venezuela’s oil production to 1 million bpd, sources say

By Marianna Parraga Feb 9 (Reuters) – Venezuela’s state oil company PDVSA has reversed most of the output cuts it had ordered at ​its own oilfields and joint ventures in the country’s main crude ‌region, the Orinoco Belt, boosting the nation’s total production close to 1 million barrels per ‌day (bpd), sources close to operations […]

Mukesh Ambani and Larry Fink reveal how a 5-minute car ride led to a $300 million joint venture

India’s billionaire Mukesh Ambani, at a recent event, recalled how a million-dollar deal between him and BlackRock’s Larry Fink, which led to Jio BlackRock, was struck during a 5-minute car ride. The Reliance Industries Chairman recalled the incident while in conversation with the BlackRock CEO at the JioBlackRock’s ‘Investing for a New Era’ event held […]