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The Latest Breaking News from Delcy Rodriguez

The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal

Billionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDVSA, has emerged as a key US partner in a sweeping oil deal with Caracas. Reuters reports Betancourt helped Washington ahead of Nicolás Maduro’s capture and later brokered oil agreements benefiting US…

The Economic Times

US energy firms significantly expand operations in Venezuela after Washington's oil deal with Caracas

US officials denied accusations that the deal was holding Venezuela for ransom, stressing that it is mutually beneficial deal for all, developing an unutilised underground asset.

Euronews

US energy chief rejects ‘stealing Venezuelan oil’ claims as Washington takes control of vast reserves

US Energy Secretary Chris Wright denied claims of stealing Venezuelan oil. He stated private companies bring money and technology to develop resources. Wright emphasized fixing Venezuela's electricity sector is crucial for oil production. President Trump called the oil pact the world's biggest deal. Elections are a process requiring infrastructure readiness…

The Economic Times

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Venezuela's Nicolas Maduro asserts immunity, urges US judge to dismiss charges

Ousted Venezuelan President Nicolas Maduro seeks dismissal of drug charges. He argues for head-of-state immunity from prosecution in a U.S. court. Maduro's legal team asserts his actions were official duties. This case tests U.S. courts' application of international law. A hearing on the dismissal effort is scheduled for November 17.

The Economic Times

US oversees signing of ‘billions’ in deals between Venezuela and Chevron, ENI, GE

US oil giant Chevron, Italy's ENI and GE Vernova signed deals worth "tens of billions of dollars" with Venezuela, US Energy Secretary Chris Wright said Wednesday during a trip to Caracas where he and Interim President Delcy Rodriguez finalised the agreements.

France 24

Chevron To Invest Billions And Double Oil Production In Venezuela After U.S. Deal

The company will invest $7 billion in the country over the next five years.

International Business Times

US officials defend Venezuela oil deal amid questions over rebuilding plan

Government talks up pact but Venezuelan opposition alarmed that democracy yet to return after Maduro exit

The Guardian - US

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Alejandro Betancourt, the controversial Venezuelan oil tycoon Trump is banking on

US President Donald Trump on Friday announced "the biggest oil deal in world history" – a new deal with Venezuela for "65 billion barrels of oil". Washington is set to take a 35 percent stake in North American Blue Energy Partners, which is owned by controversial Venezuelan oil tycoon Alejandro…

France 24

U.S.-Venezuela Oil Deal Includes 100-Year Concessions For Washington-Backed Company

NABEP is the second-largest private oil producer in Venezuela, and has given the U.S. Department of War's Office of Strategic Capital an equity stake of 35% in its corporate parent.

International Business Times

Trump’s ‘biggest oil deal in world history’ in Venezuela reeks of ‘colonial cronyism’ and could easily fall apart, experts say

The U.S.-Venezuela agreement would include a third-party oil operator and incorporate 17 mature or undeveloped oilfields.

Fortune

The U.S. Struck a Deal To Control Venezuela's Oil. Trump Says It Will Be Used To Replenish The SPR.

Trump has said the deal will help to "substantially lower Gas Prices for all Americans".

International Business Times

The Latest: Trump says Venezuela agreed to give US control of 65 billion barrels of oil reserves

President Donald Trump says Venezuela has agreed to give the U.S. access to vast amounts of the South American country’s untapped oil reserves, at cost

The Independent UK

What we know about Trump's deal giving US access to vast oil reserves in Venezuela

The United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserves. Experts caution that infrastructure repairs will take years and substantial investment. Venezuelans express concerns about national sovereignty and resource exploitation.

The Economic Times

Venezuela's interim president says US energy deal will last 25 years

Venezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude output to 1.5 million barrels daily. It aims to revive the nation's economy and boost government revenue significantly. The deal preserves Venezuela's sovereignty over its vast natural resources. Several companies, including US…

The Economic Times

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The Economic Times

Venezuelans view US oil deal with doubt, hope

Venezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum industry. Venezuelans express skepticism and doubt regarding the deal's benefits. The pact offers hope for economic recovery after years of crisis. Oil production has seen a slight increase while awaiting…

Fortune

The U.S. doesn't have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world's 2nd largest reserves

The federal government will control 55% of the company's effective output via equity ownership and oil production.

The Economic Times

Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reserves

The United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion barrels of the nation's oil. Secretary of State Marco Rubio announced the agreement, calling it historic. The pact aims to bring private investment and lower gas prices. This development occurs…

France 24

Trump announces 'historic' agreement for US stake in Venezuela oil reserves

Washington and Caracas announced Friday that they had reached a “historic” oil agreement, under which the United States will take majority control of more than 65 billion barrels of Venezuela's reserves.

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The Times of India

‘Biggest deal in history’: Trump says US to control 65 billion barrels of Venezuela oil

Trump said the deal was negotiated by Secretary of State Marco Rubio, Defence Secretary Pete Hegseth and Venezuela's interim President Delcy Rodriguez. He announced the agreement in a social media post. The announcement comes almost nine months after the US military, acting on Trump's orders, carried out an operation to…

Latin Times

U.S., Venezuela Discuss Deal Giving Washington Stake in 90 Billion Barrels of Oil Reserves in 17 Oil Fields

The U.S. is negotiating a deal for an ownership stake in 17 Venezuelan oil fields containing 90 billion barrels of reserves.

The Economic Times

Two earthquakes, two responses: How Venezuela and Colombia faced disaster

Venezuelan civilians led rescue efforts after devastating earthquakes due to government delays and lack of equipment. Colombian officials quickly coordinated a robust response with multiple entities and heavy machinery. Venezuela's response was hampered by years of shortages and hyperinflation impacting state resources. Colombia's swift action saved hundreds of lives within…

France 24

'The nightmare is over': Families reunite as Venezuela frees political prisoners

Venezuela's government freed 131 detained prisoners on Friday, as human rights groups hailed releases of some people ‌they say were being held ⁠unjustly or for political reasons.

France 24

Venezuela's interim govt, opposition wrap first round of post-Maduro talks

Venezuela's interim government and members of opposition parties ended their first round of talks Wednesday with agreements to reform the Supreme Tribunal of Justice and seek access to the country's frozen reserves in order to finance recovery from June's devastating earthquakes.

France 24

US-backed Venezuela political transition talks begin without Nobel laureate Machado

US-backed negotiations between Venezuela's interim government and a faction of the opposition began on Thursday after nearly a week of delays, the two sides said. The talks aim to reshape the country's political system and lay the groundwork for eventual elections after years of political turmoil.

Latin Times

From Havana to American Streets: Rubio Unpacks Foreign-Funded U.S. Protests, Lays Out Venezuela Recovery Plan

Rubio details a phased Venezuela recovery plan and brands Cuba an "espionage superpower" — but key facts complicate both claims.

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