U.S. Oil Producers to Sign Production Contracts with Venezuela's PdVSA
Several independent U.S. oil producers are expected to sign production contracts with Venezuela's state-owned company PdVSA. The signing ceremony is scheduled for Tuesday evening in Houston, which could further expand U.S. energy sector involvement in Venezuela. The Trump administration is pushing for increased Venezuelan oil production. Venezuela's oil minister and PdVSA's head of exploration are expected to attend the ceremony.8 sourcesSee all sources