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Harold Hamm’s Continental Set to Announce Venezuela Oil Deal
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarSanctions & Export ControlsInfrastructure & Defense
Continental Resources, controlled by shale pioneer Harold Hamm, is set to announce an investment deal in Venezuela, according to a person familiar with the matter. The prospective investment aligns with Trump administration efforts to bring US companies into Venezuela's oil-sector revival and could support future Venezuelan crude production, contingent on policy, sanctions and operating conditions.
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