US allows oilfield contractors to go to work in Venezuelan fields
US allows oilfield contractors to go to work in Venezuelan fields
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US allows oilfield contractors to go to work in Venezuelan fields
An oil pumpjack on Lake Maracaibo in Cabimas, Venezuela. (Bloomberg) -- The US government issued a general license to allow oilfield-service companies to work in Venezuela as the Trump administration eases sanctions and pushes to rebuild the nation’s crude infrastructure. The license issued by the Treasury Department allows US firms to explore, develop and produce oil and natural gas in Venezuela under certain limited conditions, according to a statement Tuesday.





