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Washington negotiates stakes in Venezuelan oil fields with leases of up to a century
The United States government is negotiating with Venezuela's interim administration to acquire stakes in a group of the South American country's oil fields, under arrangements that would include leases of up to a hundred years, the outlets Axios and Bloomberg reported on Thursday citing unnamed senior US officials.
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axios.com
Scoop: U.S. close to striking "massive" deal for Venezuelan oil fields
The deal would give the U.S. an ownership stake in Venezuela's oil fields and more than double American oil reserves.
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hindustantimes.com
US in talks with Venezuela to acquire stake in country's oil fields as strategic reserves fall to 40-year-low: Report
US and Venezuela are reportedly nearing a deal for Washington to acquire stakes in over a dozen Venezuelan oil fields, potentially boosting US oil reserves.
