New Venezuela-Cuba-Angola Oil Co.
HAVANA TIMES, May 26 — A new joint venture oil company has been established involving state run firms in Venezuela (Pdvsa), Cuba (Cupet) and Angola (Sanangol), reported Pdvsa in a press release. The company will pump some 20,000 barrels a day in eastern Venezuela, reported IPS.
Venezuela sure has a whole lot of joint-venture oil & gas companies… Maybe that’s a good thing. Lotta eggs in that basket, in any case.