That timeline means relief would be too late to help Trump before the midterm elections. But it is also shorter than many experts expected.
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#venezuela / Page 9
The oil deal negotiated by the United States and Venezuela's interim government is an impressive win for both nations.
Today's newsletter brings you the latest from Callie as she travels with Energy Secretary Chris Wright as he facilitates major oil deals in Caracas.
The U.S. government is backing projects that major producers have chosen not to pursue.
Chevron, the only US oil company with a major presence in Venezuela, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where it has active operations.
Signing ceremony as US to control a fifth of Venezuela's oil reserves.
The US-Venezuela £74bn energy deal faces backlash, with critics labelling it modern colonialism. The agreement grants US control over major oilfields, sparking geopolitical and domestic controversy.
Worse, it creates incentives to block democracy ...
Representatives with Chevron, Eni, GE Vernova, Primavera, and Aspect Energy signed agreements with the Venezuelan government at the Miraflores Palace.
Chevron (CVX) stock climbed after announcing a $7B Venezuela investment to double oil output to 600K barrels/day with production costs under $20/barrel.