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Politics · Latin AmericaUS structured Venezuela oil stake with warrants to prevent dilution
The U.S. government structured its 35% stake in a Venezuelan oil venture using "penny warrants" to shield it from dilution. This mechanism ensures Washington realizes the full value of the project, according to a U.S. official.
Latin America3 min readTrust 60 · Craft 60 · Hype 20
Business & Economy · Latin AmericaUS firm to take over Venezuelan oilfields from Chinese and Russian companies
A U.S.-backed company, North American Blue Energy Partners, is set to take over oilfields in Venezuela previously operated by Chinese and Russian firms. The deal grants the U.S. government a significant stake and preferential access to production.
Latin America4 min readTrust 78 · Craft 65 · Hype 15