Reuters
Here we present key data on international oil companies in Venezuela, a country with vast oil reserves but a deteriorated energy infrastructure. By Reuters In the 2000s, then-President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA's control over the country's oil fields. Following President Nicolás Maduro's capture in January, the United States eased sanctions on Venezuela's energy sector this month, issuing general licenses allowing global energy companies to operate oil and gas projects in the OPEC member country. [...]