Brazil Oil Driller Expanding in Venezuela as US Eases Sanctions
A Brazilian oil company is expanding in Venezuela in a bet that sanctions relief will stimulate the country’s battered industry, highlighting regional appetite for participating in the US-led revival.
By Peter Millard, Fabiola Zerpa · Bloomberg Markets
A Brazilian oil company is expanding in Venezuela in a bet that sanctions relief will stimulate the country’s battered industry, highlighting regional appetite for participating in the US-led revival.