Skip to main content
Get facts, not fiction

Venezuela Sees Nearly $76 Billion in Oil Investment Over 5 Years

Venezuela

Remo Casilli/Reuters

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

See All 36

A varied selection of sources chosen by Ground to reflect the diversity of this story’s coverage.

View All Sources
News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal