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Houston-based Amos Global Energy is awaiting a U.S. Treasury Department license to acquire Chinese Sinopec's stake in a Venezuelan oil and gas project. As the U.S. tightens sanctions, the firm seeks to broaden its influence in Venezuela's energy sector. Additional collaborations with Italy's Eni are also in discussion. ....
Chinese electric vehicle startup Nio signed a cooperation agreement for battery swapping with State-owned automaker FAW Group last week, broadening its battery-swapping alliance. ....