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5 results for “Delcy Rodriguez”
International · 2026-08-30
Venezuela defends major 25-year oil agreement with the United StatesInterim President Delcy Rodríguez announced that Venezuela has signed a 25-year energy agreement with the United States designed to increase oil production to 1.5 million barrels daily and generate over 209 billion dollars in revenue. Although President Trump stated the agreement gives the US control of Venezuela's 65 billion proven oil reserves, Rodríguez maintained that Venezuela retains full sovereignty over its resources. The deal has provoked strong opposition from both government supporters and critics who argue Venezuela has surrendered control of its most valuable national asset.
International · 2026-09-11
US-Venezuela oil agreement advances with Chevron's $7 billion expansion planOn 11 September, details emerged of a historic oil agreement between the United States and Venezuela that relaxes years of US sanctions on Venezuelan crude exports. Chevron chief executive Mike Wirth announced the company's $7 billion expansion in Venezuela would be self-funded through oil revenues. Venezuelan Vice President Delcy Rodríguez travelled to Suriname to discuss oil, agriculture, and a disputed PDVSA asset seizure as part of Caracas's broader effort to normalise regional economic ties.
International · 2026-09-13
US-Venezuela oil deal faces public skepticism despite Chevron expansionWashington and Caracas have agreed on a significant oil deal that marks a major step in reopening Venezuela's oil sector to international investment following Nicolas Maduro's capture in January. Chevron plans a $7 billion expansion funded by Venezuela's own oil revenues, yet a Bloomberg poll reveals Venezuelans are deeply divided, with half believing the agreement favours the United States over their own country. Interim President Delcy Rodriguez has emphasized Venezuela's sovereignty while indicating that elections will proceed only when conditions allow.
International · 2026-08-30
Venezuela defends 25-year oil agreement with United StatesInterim President Delcy Rodríguez has defended a major energy agreement with the United States, arguing it will benefit Venezuela's economy whilst maintaining the country's sovereignty over its oil resources. The deal, spanning seventeen oil fields with 65 billion barrels of proven reserves, is expected to generate over 209 billion dollars in revenue and attract significant foreign investment. However, both government loyalists and opposition figures have criticised the agreement, claiming it grants the United States exclusive access to Venezuela's most valuable resource.
International · 2026-09-08
Venezuelans divided over Trump administration's oil agreement with interim government, poll revealsA Bloomberg poll published on Tuesday revealed that Venezuelans are sharply divided regarding an oil agreement between the Trump administration and the interim Venezuelan authorities. Half of respondents expressed the belief that the deal benefits the United States more than Venezuela, reflecting ongoing public concerns about its terms.