Venezuela signs oil development agreements with U.S. companies
Venezuela signed petroleum agreements with Hunt Oil and SLB, including a contract with Hunt Oil to develop two oil and gas fields. The U.S. Embassy reportedly backed the agreement, while Crossover Energy said it expects to conclude additional oil deals with Venezuela soon.
By DoomRadar · Published on DoomRadar .
Why it matters
The agreements could affect U.S.–Venezuela energy relations and future oil-sector cooperation between the two countries.
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