The US government finalized a deal to develop 17 Venezuelan oil fields, displacing Maduro-linked sanctioned operators. The partnership targets 65 billion barrels in reserves to restore crude flows ami
bloomberg · 2026-09-01 16:07
Venezuela signed a 25-year oil pact with the US targeting 17 fields to boost production beyond 1.5 million barrels daily. Meanwhile, ousted leader Maduro resurfaced on social media following his arres
bloomberg · 2026-08-30 12:18
The US restores diplomatic ties with Venezuela post-Maduro, easing sanctions on PDVSA to revive oil production amid global supply concerns. Despite investment opportunities, ordinary citizens face ong
bloomberg · 2026-05-05 02:30
Despite holding the world's largest crude oil reserves, Venezuela's petrochemical sector faces a decade-long recovery even if political changes attract foreign investment. Oil production has fallen 70
cen · 2026-01-07 00:00