Chevron and Shell are close to signing the first major oil production deals in #Venezuela since the U.S. captured President #Maduro in January. Chevron plans to expand production in the Orinoco Belt (Ayacucho 8 area), while Shell is targeting the...
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... Carito and Pirital fields in Monagas North. Venezuela recently changed its oil law to give foreign companies more control over operations and exports. The government may finalize contract reviews by the end of March
