Venezuela Oil Expansion
One story, 5 countries, 5 papers
U.S. Energy Secretary Chris Wright says Venezuela’s oil production could rise from more than 1.2 million barrels per day to over 2 million by 2030 as U.S. companies sign new deals. Washington defends the agreement, while critics accuse it of seeking control over Venezuela’s oil.
Venezuela's heavy crude could be swapped for American oil to fill emergency reserve, Wright says
The United States may swap Venezuelan heavy crude for American light or medium oil rather than pump the Venezuelan barrels directly into the Strategic Petroleum Reserve. Energy Secretary Chris Wright described the option during a CNBC interview while visiting Venezuela. “We'll swap you a barrel of heavy crude for a barrel of light or medium United States crude,” Wright said, calling oil markets fl…
Venezuela signs energy deals with multinationals under U.S. supervision
Venezuela has signed energy agreements with three multinational companies under the supervision of U.S. Energy Secretary Chris Wright, giving a strikingly prominent role to Washington in the country’s…
Delcy Rodríguez says Venezuela will hold elections when it is ready
Delcy Rodríguez says Venezuela will hold elections, but only when the country is ready. The interim president insists that the process will take place under the Constitution, while making clear that s…
Delcy Rodríguez says Venezuela will hold elections when the country is ready
Delcy Rodríguez says Venezuela will hold elections, but only when the country is ready. The interim president made clear that she would not set a date, even as she insisted that an electoral process w…
U.S.-Venezuela oil deals are ‘historic,’ energy secretary says
U.S. Energy Secretary Chris Wright described new oil agreements with Venezuela as “historic” during a ceremony at the Miraflores presidential palace in Caracas. Wright said the United States wants to …
U.S. hails Venezuela oil deals as a ‘historic day’
“Today is a historic day,” U.S. Energy Secretary Chris Wright said as companies signed oil and electricity agreements with Venezuela in Caracas. Chevron and Italy’s Eni signed oil agreements with the …