U.S. Oil and Gas Firms Sign Agreements to Operate in Venezuela Amid Eased Sanctions
The Venezuelan government has signed agreements with U.S. energy firms Hunt Overseas Oil Company and Crossover Energy to operate in the Orinoco Belt, a major oil-producing region. This development follows the capture of Nicolas Maduro and the easing of U.S. sanctions on Venezuela's state oil firm PDVSA. The agreements were signed in the presence of Jarrod Agen, President Trump's energy adviser. European companies like Eni, Repsol, and BP are also returning to Venezuela, aiming to boost oil and gas production. U.S. firms ExxonMobil and ConocoPhillips have sent teams to evaluate opportunities in the country. 
