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U.S.-Venezuela Oil Deal Threatens China’s Oil-Backed Loans | OilPrice.com
Beijing still faces at least $10 billion in Venezuelan debt exposure, while U.S. control over future barrels could complicate oil-backed repayments and restrict Chinese access.
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oilprice.com
U.S. Oil Deal Pushes China and Russia Out of Venezuelan Fields | OilPrice.com
A U.S.-backed oil company controlled by Alejandro Betancourt is taking over Venezuelan projects previously operated by Chinese and Russian companies under a sweeping new…
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scmp.com
China demands rights guarantee as US firm secures 100-year Venezuelan oil deal
Call follows news that Caracas authorities have granted concessions covering 17 oilfields with proven reserves of about 65 billion barrels.
