US Energy Secretary Oversees Signing of Trump’s ‘Biggest’ Oil Deal in Venezuela
44 Articles
44 Articles
US-based Chevron, the leading private oil producer in Venezuela, and Italy's Eni signed production contracts that increase their stakes in several oil fields. Wright's visit to Caracas comes five days after US President Donald Trump announced the "largest oil deal in history," granting Washington majority control of 65 billion barrels of Venezuela's oil reserves. The US Secretary of State met at Miraflores Palace with interim President Delcy R…
Following the announcement on August 28 and 29 of a bilateral agreement that could allow Washington to control approximately one-fifth of Venezuela's oil reserves, Delcy Rodriguez signed a series of energy contracts with several international companies on Wednesday, September 2, in the presence of the U.S. Secretary of Energy. A historic day, according to both the Venezuelan president and her counterpart.
US energy secretary oversees signing of Trump’s ‘biggest’ oil deal in Venezuela
Venezuela's acting president Delcy Rodriguez (right) speaks with US energy secretary Chris Wright during their meeting in Caracas. (EPA Images pic)CARACAS: US energy secretary Chris Wright oversaw Wednesday the signing of deals worth "tens of billions of dollars" between Venezuela and oil majors Chevron and ENI as well as with energy company GE Vernova.Speaking alongside interim president Delcy Rodriguez, Wright said the eight deals signed repre…
Delcy Rodríguez, interim president of Venezuela, and the U.S. Energy Secretariat, could announce more agreements with energy companies.
Washington, Sep 2 (EFE).- U.S. Energy Secretary Chris Wright insisted this Wednesday that, following the new agreements being signed with U.S. oil companies, oil production in Venezuela will increase by 50% by 2027. "I said from the beginning, when President (Donald) Trump approved [...] The U.S. entry predicts that Venezuela's oil production will increase by 50% with the agreements was first published in HolaNews.
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