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Repsol regains control of Venezuelan oil assets with plans to boost output.
Spanish energy company Repsol has reached an agreement with the Venezuelan government to regain operational control of its oil assets.
The deal, following the easing of U.S. sanctions, includes plans to increase production by 50% within a year and triple output within three years.
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Repsol recupera el control de los activos petroleros venezolanos con planes para impulsar la producción.