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Venezuela, TotalEnergies Pave Way for Oil Company’s Return

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Venezuela, TotalEnergies Pave Way for Oil Company’s Return Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country. Acting President Delcy Rodríguez led the ceremony in Caracas, where Petroleos de Venezuela SA President Héctor Obregón and Francisco Javier Rielo, TotalEnergies senior vice president for the Americas, signed the energy cooperation agreement, according to a government...

Venezuela, TotalEnergies Pave Way for Oil Company’s Return Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country. Acting President Delcy Rodríguez led the ceremony in Caracas, where Petroleos de Venezuela SA President Héctor Obregón and Francisco Javier Rielo, TotalEnergies senior vice president for the Americas, signed the energy cooperation agreement, according to a government statement.
Venezuela (LOCATION) TotalEnergies SE (ORG) French (ORG) South American (ORG) Delcy Rodríguez (PERSON) Caracas (LOCATION) Petroleos de Venezuela SA (ORG) Héctor Obregón (PERSON) Francisco Javier Rielo (PERSON) TotalEnergies (ORG) Americas (LOCATION)
Originally published by Bloomberg Markets Read original →