US’s Chevron, Italy’s Eni to expand oil projects in Venezuela
- Chevron and several other global energy companies have signed multibillion-dollar deals to boost Venezuela’s oil output at a ceremony in Caracas, overseen by interim President Delcy Rodriguez and United States Energy Secretary Chris Wright.
- The deals on Wednesday are separate from a recently unveiled Caracas-Washington agreement that gives the US access to 17 Venezuelan oilfields, representing about a fifth of the country’s total reserves.
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- Chevron and several other global energy companies have signed multibillion-dollar deals to boost Venezuela’s oil output at a ceremony in Caracas, overseen by interim President Delcy Rodriguez and United States Energy Secretary Chris Wright.
- The deals on Wednesday are separate from a recently unveiled Caracas-Washington agreement that gives the US access to 17 Venezuelan oilfields, representing about a fifth of the country’s total reserves.
- Recommended Stories list of 3 itemslist 1 of 3Delcy Rodriguez says Venezuela ‘retains sovereignty’ despite US oil deallist 2 of 3What are the implications of
Sources: Al Jazeera