US Firm to Take Over Venezuelan Oilfields Previously Controlled by China and Russia

Under a newly announced production deal backed by Washington, an American company will assume control of select Venezuelan oil fields, securing a board veto and a 35% stake while displacing Chinese and Russian operators.

1 Sept, 01:51 — 1 Sept, 01:51

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express-tribuneMostly Factual1d ago

Officials: US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

Washington secures board veto power, 35% stake under Trump's newly announced production deal

By Reuters

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First report: Reuters · 31 Aug, 22:51|Full coverage: 2 · 3h|Window: 3h

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Reuters31 Aug, 22:51First to report

US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials say - Reuters

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express-tribune1 Sept, 01:51Latest update

US Firm to Take Over Venezuelan Oilfields Previously Controlled by China and Russia

Sources

Officials: US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

Coverage Timeline

US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials say - Reuters

Officials: US firm to take over some Venezuela oilfields previously run by Chinese, Russian firms

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