Repsol says could boost Venezuela oil output over 50% in 12 months

The boss of Spanish energy giant Repsol said Thursday that his company could boost oil production in Venezuela by more than half over the next year after Washington reauthorised its operations there. A new bonanza from the South American country’s vast oil reserves has been touted after the United States captured its socialist strongman Nicolas […] The post Repsol says could boost Venezuela oil output over 50% in 12 months appeared first on Digital Journal.