Ecopetrol Invited by Reliance, ONGC Videsh to Explore in India

Ecopetrol SA, Colombia’s state- controlled oil producer, has been asked by Reliance Industries Ltd. of India and ONGC Videsh Ltd. to jointly develop energy blocks in the South Asian country, Colombia’s ambassador to India said.
India is offering 34 oil and gas exploration blocks in its ninth round of auctions to help meet demand in Asia’s second- fastest growing major economy. The auction began on Oct. 15 and will close on March 18.
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Source: Bloomberg