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Donald Trump announced the cancellation of a planned second strike on Venezuela, citing improved cooperation on oil and gas infrastructure, while highlighting that major oil companies are set to invest at least $100 billion in the sector.
#YonhapInfomax #DonaldTrump #Venezuela #BigOil #OilInvestment #OPECReserves #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99213US oil majors remain wary of investing in Venezuela despite government overtures, citing high costs and political risks, with past expropriation losses and uncertain policy support dampening prospects for rapid sector recovery.
#YonhapInfomax #Venezuela #ExxonMobil #OilInvestment #PoliticalRisk #RystadEnergy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98604
Oil Majors Diverge from US Government on Venezuela Investment Prospects
US oil majors remain wary of investing in Venezuela despite government overtures, citing high costs and political risks, with past expropriation losses and uncertain policy support dampening prospects for rapid sector recovery.
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