Chevron is expected to sign agreements on April 13 to participate in an extra heavy crude block in Venezuela’s main oil region, while returning to a gas area that Shell is set to operate, three sources close to the preparations said.
The agreements are among the first big expansion deals since the U.S. launched a $100 billion reconstruction plan for Venezuela’s energy sector after capturing President Nicolas Maduro.
https://www.hartenergy.com/upstream/he-chevron-shell-venezula-oil/
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