U.S.-backed oil deals aim to revive Venezuela’s output via NABEP and Chevron

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Source: CNBC
U.S.-backed oil deals aim to revive Venezuela’s output via NABEP and Chevron
Photo: CNBC
TL;DR Summary

The piece outlines a mix of U.S.-backed and private oil deals in Venezuela, including the government stake in NABEP and Chevron’s plan to expand production, with aims to lift output toward 2 million barrels per day while addressing governance, geopolitics, and the impact on Venezuelans rather than external exploitation.

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