Venezuela expects nearly US$76 billion in oil investment over five years

The Straits Times, carrying a Reuters report, says acting President Delcy Rodriguez projected nearly US$76 billion in oil investment over five years under recently signed agreements. She said a US accord covers 17 oil fields and includes plans for 250 drilling rigs. Rodriguez also said production in Zulia state rose from 70,000 to 370,000 barrels a day, without specifying the period of that increase.