Eni, Repsol to upgrade oil-for-debt deal with Venezuela

29 August 2023, 12:00 am

1 min read

Reuters exclusively reported that European oil majors Eni (ENI.MI) and Repsol (REP.MC) plan to expand an oil-for-debt deal with Venezuela under U.S. approval, aiming to supply refined products to state firm PDVSA and boost oil deliveries to Europe.