USSTOCK.TODAY
Market Closed
Log in Sign up

Questions Surrounding Venezuela's Largest Oil Deal and NABEP's Rebuttal

Zero Hedge +1 · ·by G4L

CVX Chevron Corp
$211.22 +0.21%
View chart & analysis →
  1. 1Venezuela's interim government granted NABEP 100-year concession rights to 17 oil fields.
  2. 2NABEP's proven reserves for the 17 oil fields are approximately 65 billion barrels.
  3. 3NABEP's investment scale regarding new oil infrastructure is up to 100 billion dollars.

So what's the key point?

The Venezuelan interim government gave NABEP the rights to use 17 oil fields. NABEP can extract about 65 billion barrels of oil from these locations.

Source Zero Hedge +1 · View original ↗

Related 3-line summaries

Chevron to Expand Venezuela Investment While ExxonMobil Remains Cautious The Motley Fool +1 · 13h agoQuestions Surrounding Venezuela's Largest Oil Deal and NABEP's Challenge Oilprice.com · Nov 3XRG acquires Shell's stake in Australian LNG project for $1.45 billion Bloomberg +2 · Nov 3
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news