Venezuela, Chevron formally sign oil contracts in Caracas

Venezuela’s oil minister and top representatives of state-run company PDVSA on Friday signed contracts with U.S. oil firm Chevron Corp (CVX.N) intended to help revive the nation’s oil output and expand operations. The United States last week granted Chevron a six-month license authorizing it to take a broader role in existing projects in U.S.-sanctioned Venezuela,…

Congo to publish Dan Gertler mining deal

The Democratic Republic of Congo will publish on Thursday a dispute settlement deal with Dan Gertler, an Israeli businessman under U.S. sanctions, the Congo finance ministry said. A failure to publish the deal could hamper the International Monetary Fund’s (IMF) third review of its financial and governance reform program for Congo, which, if approved later…