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Venezuela Oil Deal Near for Pacific Coast Energy

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2026-07-21 23:30:07
Pacific Coast Energy Co., a small California oil producer, is nearing a deal to operate two Venezuelan oil fields as the US-backed government in Caracas presses potential partners to sign contracts by the end of July, according to Bloomberg.

The prospective agreement would give the company a role in the fields as Venezuela seeks to lock in partners before the deadline.
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