
Just when you thought the world’s biggest oil companies might slow down their hunt for new fossil-fuel frontiers, along comes Venezuela — the planet’s largest untapped oil treasure chest — and suddenly climate pledges look suspiciously like optional extras.
According to fresh reports, Chevron and Shell are moving closer to major oil and gas agreements in Venezuela, marking the first large-scale deals since the country’s political upheaval and reopening of its energy sector to foreign investment.

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