(Reuters, 10.Sep.2021) — A private equity group expects a contrarian bet it made this year on Venezuela’s oil and gas sector to pay off soon, with the socialist government making reforms to attract capital to the OPEC nation after years of U.S. sanctions and sparse investment. Executives at Caracas-based Sucre […]
Tag: Sucre Energy
Sucre Energy Bets On Venezuelan Gas
(Argus, 8.Sep.2021) — Venezuela’s abundant hydrocarbons are beckoning a new generation of investors, stepping in where more established companies are pulling out. Sucre Energy, a Netherlands-based and Spanish-registered private equity company, acquired the central Venezuelan assets of Japan’s Inpex in a deal that closed in May for an undisclosed sum. […]