United States and Venezuela Finalize Historic 25-Year Oil Partnership
Washington and Caracas have agreed to a landmark 25-year energy pact granting American investors a 35 percent stake in Venezuelan oil ventures while preserving local sovereignty. The agreement aims to boost production to 1.5 million barrels daily amid mixed domestic reactions.
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Exclusive | Inside Trump’s Plan to Give the Pentagon a Stake in Venezuela’s Oil Riches - WSJ
Exclusive | Inside Trump’s Plan to Give the Pentagon a Stake in Venezuela’s Oil Riches WSJ
Read full article →Trump says US has a deal to take huge stake in Venezuela’s oil reserves
Read full article →US-Venezuela energy pact: What we know about Trump’s ‘biggest oil deal in world history’
In a landmark move, the United States and Venezuela have forged a 25-year energy partnership designed to uplift Venezuela's ailing oil sector and enhance production capabilities. Under this agreement, rights to unexplored oil reserves will be held for a century, with the U.S. claiming fifty-five percent of the new venture's output. This collaboration promises to inject significant investments and generate tax income for Venezuela.
By SHIVANGHI PAYAL
Read full article →Venezuelans view US oil deal with doubt, hope
Venezuelans expressed doubt and suspicion on Saturday over a new deal enabling the US to exploit the country's oil reserves, an arrangement that nevertheless raises hopes for economic recovery after years of crisis. The US will have majority control of 65 billion barrels of Venezuela's proven reserves in what President Donald Trump described Friday as "the biggest oil deal in world history." Caracas says the deal involves $100 billion in private investment aimed at revitalizing the industry in a
By The Korea Herald
Read full article →Trump’s oil deal riles both sides of Venezuelan political divide
One potential advantage for Venezuela's acting president is if a deal with the U.S. hems in the Trump administration's incentive to press for swift elections.
Read full article →Pentagon to take 35% stake in Venezuela oil venture, WSJ reports
By Investing.com
Read full article →Trump announces ‘biggest oil deal’ with Venezuela - Qatar Tribune
Trump announces ‘biggest oil deal’ with Venezuela Qatar Tribune
Read full article →Trump and Delcy Announce Major USA-Venezuela Oil Deal
Venezuelan economists have made it clear that they do not have enough information to conduct an in-depth analysis of the agreement. The post Trump and Delcy Announce Major USA-Venezuela Oil Deal appeared first on Havana Times.
By Circles Robinson
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