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World & Politics

US Firm Takes Over Venezuela Oilfields

From France 24 ยท September 1, 2026
US Firm Takes Over Venezuela Oilfields

A US company is partnering with the White House to take over some oilfields in Venezuela that were previously managed by Chinese and Russian firms. This deal is part of a larger effort by the US government to access Venezuela's oil resources. The country's National Assembly has supported this agreement, which could change the landscape of oil production in Venezuela.

Based on reporting from France 24. Read the original story โ†’