Exclusive-US to Favor Existing Investors for Venezuela Oil Licenses, Say Sources

May 16, 2024

By Marianna Parraga and Daphne Psaledakis HOUSTON/WASHINGTON (Reuters) – The U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies with existing oil production and assets over those seeking to enter the sanctioned OPEC nation for the first time, two people …