Venezuela Sees Nearly $76 Billion in Oil Investment Over 5 Years
Venezuela
Remo Casilli/Reuters
What Happened
Acting President Delcy Rodriguez announced Venezuela signed accords expected to attract nearly $76 billion in oil investment over five years, including a U.S. deal to deploy 250 rigs across 17 fields. She said Zulia output rose from 70,000 to 370,000 bpd and should reach 400,000 bpd by year-end.
What Happened
Acting President Delcy Rodriguez announced Venezuela signed accords expected to attract nearly $76 billion in oil investment over five years, including a U.S. deal to deploy 250 rigs across 17 fields. She said Zulia output rose from 70,000 to 370,000 bpd and should reach 400,000 bpd by year-end.
Timeline
Summary by Ground AI
Sources
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