U.S. Firm to Assume Control of Venezuelan Oilfields Previously Held by Rivals

A new agreement grants American energy companies access to strategic Venezuelan oil assets, effectively displacing Chinese and Russian corporate interests in the region.

1 Sept, 02:51 — 1 Sept, 02:51

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globe-and-mailHigh3d ago

U.S. company to take over some Venezuela oilfields previously run by Chinese, Russian firms, officials say

Arrangement gives U.S. companies a foothold in some of Venezuela’s strategically important oil assets while displacing Chinese and Russian interests

By Steve Holland and Jarrett Renshaw

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U.S. Firm to Assume Control of Venezuelan Oilfields Previously Held by Rivals

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U.S. company to take over some Venezuela oilfields previously run by Chinese, Russian firms, officials say

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