An oil company linked to a prominent Republican donor has struck a new agreement to begin drilling operations in Venezuela, marking a significant expansion into the country’s oil sector. The move comes amid ongoing geopolitical tensions and economic challenges in Venezuela, where foreign investment in energy has been limited in recent years. The deal raises questions about the potential impact on regional energy markets and the political implications of increased U.S. corporate involvement in Venezuela’s oil industry. Details on the scope of the project and its long-term effects remain unclear.
{beacon} Energy & Environment Energy & Environment The Big Story Harold Hamm’s oil company announces Venezuela deal Trump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela. © Ariana Cubillos, Associated Press Trump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela. ...
