Current location:sport >>
Billionaire Texas oilman inks deal with Venezuela's state
sport551People have gathered around
IntroductionMIAMI (AP) — A company started by a Texas billionaire oilman announced a deal Wednesday with Venezue ...
MIAMI (AP) — A company started by a Texas billionaire oilman announced a deal Wednesday with Venezuela’s state-owned oil company to rehabilitate five aging oil fields, days after the Biden administration put a brake on sanctions relief over concerns about the fairness of the country’s upcoming presidential election.
LNG Energy Group is a publicly traded company listed in Canada that produces natural gas in Colombia. It was created last year as a result of a merger with a company owned by Rod Lewis, a legendary Texas wildcatter who Forbes Magazine once called the “only gringo allowed to drill in Mexico.”
As part of the deal announced Wednesday, LNG was awarded contracts by state-run PDVSA to take over production and develop two oil fields in eastern Venezuela that currently produce about 3,000 barrels of crude per day.
LNG said the deal was executed within the framework of sanctions relief announced by the U.S. government last year in support of an agreement between President Nicolas Maduro and his opponents to hold a competitive presidential election this year. Last week, the Biden administration reimposed sanctions as hopes for a democratic opening in Venezuela fade.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Sphere news portal”。http://www.havadist.com/turkiyenin-en-cok-takip-edilen-15-tiktok-fenomeni-h270
Related articles
New Orleans man pleads guilty in 2016 shooting death of Jefferson Parish deputy
sportGRETNA, La. (AP) — The man accused of gunning down a suburban New Orleans’ sheriff’s detective nearl ...
【sport】
Read moreMasters champ Scottie Scheffler posts a 63 and leads the RBC Heritage by 1 shot
sportHILTON HEAD ISLAND, S.C. (AP) — Scottie Scheffler drilled his opening tee shot — straight down the m ...
【sport】
Read morePatti Smith reacts to Taylor Swift name
sportRock legend Patti Smith shared her reaction to being named-dropped on Taylor Swift's latest record, ...
【sport】
Read more
Popular articles
- Poland's prosecutor general says previous government used spyware against hundreds of people
- Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
- Rumer Willis celebrates daughter Louetta's first birthday with heart
- 15 people suffer minor injuries in tram accident at Universal Studios theme park in Los Angeles
- The Valley's Michelle Lally moves on from husband Jesse with rumored new boyfriend Aaron Nosler
- Rumer Willis celebrates daughter Louetta's first birthday with heart
Latest articles
Judge declines to dismiss lawsuits filed against rapper Travis Scott over deadly Astroworld concert
Five UFO abduction cases that could FINALLY be solved
Taylor Swift drops surprise double album
Rookie Jesse Love claims 1st NASCAR Xfinity Series win in another wild Talladega finish
Jogger is left terrified after hair
Zelensky, Stoltenberg agree to hold urgent meeting of Ukraine
LINKS
- Xi stresses developing new quality productive forces
- Georgia Steel puts on a VERY busty display in low
- Haaland scores as Man City routs Luton 5
- Brentford beats Sheffield United to halt 9
- Brentford beats Sheffield United to halt 9
- Wrexham gains promotion to English soccer's third division after 6
- Twins place Carlos Correa on the 10
- Right whale is found entangled off New England in a devastating year for the vanishing species
- Taiwan official calls for more exchanges
- Jennifer Aniston, 55, and Reese Witherspoon, 48, both stun in chic all