Primavera, PDVSA, and ExxonMobil signed production-sharing contracts, while Coinbase co-founded a crypto exchange platform.

The entities involved

• PDVSA →

  Venezuelan government-owned oil company

  • PDVSA, Venezuela's state oil company, signed a crude and gas agreement with Repsol to regain operational control of assets in Lake Maracaibo.Mon 04:49
  • The United States claims a 20 percent stake in Venezuelan oil reserves, which are managed by PDVSA.Sun 00:37
• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• Coinbase →

  American company that operates a cryptocurrency exchange platform

  • Citi is utilizing Coinbase for digital asset infrastructure.Mon 17:31
  • Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.Mon 04:46

Related events

• PDVSA and Eni signed agreements for a production-sharing contract and strategic alliance to restore electrical infrastructure.Sep 3
• Coinbase is a major platform for Bitcoin and altcoin trading, while US strikes on Iranian oil tankers drove Brent crude prices up.Sep 11
• Major trading platforms including CME Group, Coinbase, Nasdaq, NYSE, and ICE are facing competition from new trading products and market entrants.Jul 22
• Pending U.S. crypto legislation involving Coinbase.Jul 29
• Coinbase launched derivative contracts in Canada, while Morgan Stanley raised price targets for market leaders.Sep 5