Post #2367

📰 NEWS | Venezuela: Oil Output Surpasses 1M BPD as Western Corporations Crowd in Venezuela’s oil production surpassed 1 million barrels per day in April for the first time in over seven years, according to OPEC data. State oil company PDVSA reported production at 1.136 million bpd, while exports climbed to 1.23 million bpd. The increase comes as Western energy corporations expand operations in the country under US-issued licenses despite ongoing sanctions. BP, Chevron, Eni, Repsol and Shell have signed new oil and gas agreements with Caracas, while ExxonMobil and ConocoPhillips are reportedly assessing a return after their assets were nationalized in the 2000s. Full report here 👉https://shorturl.at/bI3IA #PDVSA#Sanctions#USVenezuelaRelations