Saturday, June 20, 2026
U.S. oil and gas firms sign deals to operate in Venezuela- oil and gas 360

U.S. oil and gas firms sign deals to operate in Venezuela

(Oil Price) – Venezuela has signed agreements with two U.S. energy firms to operate in the country as a growing number of international oil and gas companies are vying to return to the world’s biggest crude resource holder. The Venezuelan government of interim President Delcy Rodríguez has just signed agreements with U.S. firms Hunt Overseas Oil Company and Crossover Energy, which plan to

Trump allows U.S. firms to provide services for Venezuela’s oil- oil and gas 360

Trump allows U.S. firms to provide services for Venezuela’s oil

(Oil Price) – The Trump Administration has further eased the sanctions on Venezuela’s oil industry by allowing U.S. firms to provide services and technology for hydrocarbon exploration and production in the South American country. The U.S. Treasury’s Office of Foreign Assets Control (OFAC) noted in a new general license that U.S. entities or persons are now authorized to provide “goods, technology, software, or