A conference is underway in Caracas, the capital city, involving NJ Ayuk and the national oil company PDVSA.
1 report, 1 independent
Updated Jul 20
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What happened
A conference is underway in Caracas, the capital city, involving NJ Ayuk and the national oil company PDVSA.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Oil majors, including ExxonMobil and ConocoPhillips, are seeking to restart production and secure durable contracts for Venezuela's vast oil reserves.Also in this story
- BP, Shell, and ConocoPhillips are actively involved in the revival of Venezuela's oil industry, including BP's investment in gas fields and corporate competition for licenses.
- Venezuela is sending 10 million barrels of oil to the US, pending Trump's final approval for a deal.
The entities involved
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NJ Ayuk
Cameroonian attorney, entrepreneur and author
Nothing else this week.
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PDVSA
Nothing else this week.
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Caracas
capital and largest city of Venezuela
Related events
- The government of Caracas is negotiating oil deals.
- Caracas is seeking new oil sources within South America.
- Delcy Rodriguez leads negotiations for oil access, and the US secured majority control of Venezuelan oil reserves.
- Venezuela provides alternative crude oil to India, easing US sanctions in a Washington-Caracas oil pact.
- Largest oil deal in history is signed between Caracas and the US, coinciding with US military penetration into the capital.