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Joseph Cotterill
@jsphctrl.ft.com

Venezuela’s creditors are looking for credible evidence that oil output can increase quickly, under experienced operators, to stabilise the debt after restructuring. This… is not such a good signal of that. www.ft.com/content/939e...

ft.comTrump-linked companies race to secure deals for Venezuela’s oilAppointees, a donor and a recent administration official are among those capitalising on US control of beleaguered energy sector

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Joseph Cotterill
@jsphctrl.ft.com

Bondholders also already noticed that Chevron, oil major and a veteran operator in Venezuela by now, is so far aiming to add only 300,000 bpd in five years. Doubling its output but not really touching the sides of getting Venezuela’s output from 1mn to 2-3mn bps relatively quickly.