Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as US sanctions loom

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Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as US sanctions loom

A company started by a Texas billionaire oilman has announced a deal with Venezuela’s state-owned oil company to rehabilitate five aging oil fields

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Billionaire Texas Oilman Inks Deal With Venezuela’s State-Run Fuel Giant

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.

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Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as US sanctions loom

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…

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Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as U.S. sanctions loom

A company started by a Texas billionaire oilman has announced a deal with Venezuela’s state-owned oil company to rehabilitate five aging oil fields. Wednesday's announcement comes days after the Biden administration put a brake on sanctions relief for Venezuela amid concerns about the fairness of its upcoming presidential election. As part of the deal, LNG Energy Group was awarded contracts by state-run PDVSA to take over production and develop …

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Billionaire Texas Oilman Inks Deal With Venezuela's State-Run Oil Giant as US Sanctions Loom