According to Axios, the Trump administration is in talks with Venezuela’s interim government to obtain ownership interests in part of the country’s oil fields, covering more than a dozen producing fields. In exchange, private companies, including U.S. firms, would take part in developing the fields to raise output and bring in more oil revenue for Venezuela. The talks are being led by U.S. Secretary of State Rubio and Venezuela’s acting president Delcy Rodríguez. The report outlines a proposed exchange centered on oil asset interests and field development, with both ownership and production increases forming the core of the discussions.
According to Axios, the Trump administration is negotiating with Venezuela’s interim government to obtain ownership interests in some of the country’s oil fields, covering more than a dozen producing fields.
In exchange, private companies, including U.S. firms, would participate in developing the fields to boost output and bring more oil revenue to Venezuela. The talks are being led by U.S. Secretary of State Rubio and Venezuela’s acting president Delcy Rodríguez.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
