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Repsol agrees Venezuela deal to boost oil production and regain control of assets

Repsol agrees Venezuela deal to boost oil production and regain control of assets

16.04.2026 14:51 | Euronews Business

Spanish energy company Repsol has reached an agreement with Venezuela’s government and state-owned company Petróleos de Venezuela (PDVSA) to regain operational control of key oil assets and sharply increase production over the next three years.

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