US Energy Companies Push to Re-Enter Venezuelan Oil
U.S. energy firms are reportedly positioning to expand in Venezuela as recent agreements with international players target the country's underutilized oil resources.
A potential move is being discussed as part of a broader effort by U.S. energy companies to return to Venezuela and expand operations. Recent agreements involving other U.S. and international firms are focused on developing the country's large but underutilized oil resources.
The developments point to renewed commercial interest in Venezuela despite its complex political and sanctions environment.
Source: First Squawk