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To succeed in the international arena, governments are constantly seeking new partnerships and new strategies to increase commercialization in new markets and to expand existing markets.
France's Total, Norway's Equinor, Russia's Rosneft and U.S.-based Chevron hold minority stakes in JVs with Venezuela's PDVSA that produce crude and operate oil upgraders.
Plains All American’s Cactus II pipeline became the first major energy project to be denied an exclusion to the tariff on imported steel.