DistantNews
Support us

US and Venezuela Forge Oil Deal

6 countries ๐Ÿ‡ป๐Ÿ‡ช ๐Ÿ‡ณ๐Ÿ‡ด ๐Ÿ‡ช๐Ÿ‡ธ ๐Ÿ‡น๐Ÿ‡ท ๐Ÿ‡ต๐Ÿ‡ฑ ๐Ÿ‡ต๐Ÿ‡พ Energy & Infrastructure

7 articles from 6 countries

The U.S. and Venezuela have announced a historic oil agreement, with reports varying on the extent of U.S. control and projected private investment. This deal comes amid high gas prices and follows the start of the Iran war, with some U.S. officials highlighting potential economic benefits for Venezuela.

๐Ÿ‡ป๐Ÿ‡ช Venezuela/Spanish

Colombian businessman Gilinski negotiates Venezuelan oil operations

- Colombian magnate Jaime Gilinski and GeoPark Ltd. are reportedly finalizing a strategic alliance to take over oil extraction in Venezuela. - The initiative aligns with a U.S. push to revive Venezuela's energy sector, focusing on reactivating the Bare field in the Orinoco Oil Belt. - Grupo Gilinski invested $107 million in March, increasing its stake in GeoPark and facilitating its entry into theโ€ฆ