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Eni becomes operator of Venezuela's Junín-5 oil field

VenezuelaItaly
First seen: Sep 3, 2026, 3:32 PM UTCUpdated: Sep 3, 2026, 6:02 PM UTC

Eni signed a strategic contract in Venezuela and became operator of the Junín-5 oil field. The supplied report does not state production, sanctions or market effects.

Changes in control of a major Venezuelan oil asset could affect future energy supply and sanctions dynamics.

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