TotalEnergies (TTE) is Back in Venezuela- Could this Deal Unlock Fresh Oil Growth?
Why now
Thesis: Sanctions thaw could reopen Venezuelan oil to majors
Catalyst to watch: US license terms or further sanction relief
Main risk: Sanctions snapback or political reversal
Why it matters
Return to Venezuela could add TotalEnergies production and reserves if sanctions terms allow.
Sources
- googlenews · news.google.com · 2026-09-26 05:08 UTC