Venezuela sets 25-year US oil deal with 1.5 million bpd target
What’s next: Caracas plans to sign new exploration and production rights next week, with Chevron among firms expected to finalize talks.
Series
Venezuela · Oil Deal With United States
U.S., Venezuela strike deal on 65 billion barrels of oil
Caracas says 17 strategic fields are included, with more than US$100 billion in investment aimed at restoring the hydrocarbons sector.
PBS NewsHour, Antara News +8
US takes 55% stake in 65 billion barrels of Venezuela oil
What's new: Venezuela said the 25-year accord targets 1.5 million barrels a day and could draw more than $100 billion in investment.
The Hill +4
US takes 55% stake in 65 billion barrels of Venezuela oil
What's new: The deal targets 17 fields, up to $100 billion in investment and output of 1.5 million barrels a day.
CNBC, BBC News (World) +5