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Trump Announces US Deal to Control 65 Billion Barrels of Venezuelan Oil
PoliticsAPReutersBBC+108bloombergNYTwsjFTle-mondeThe GuardianNPRAl Jazeera+100 more21h ago111 sources

Trump Announces US Deal to Control 65 Billion Barrels of Venezuelan Oil

US President Donald Trump announced a historic oil agreement with Venezuela, giving the United States control over 65 billion barrels of the country's oil reserves. Venezuelan President Nicolas Maduro confirmed the deal.

WorldReuters3mo ago

US Extends Protection for Venezuela's Citgo from Creditors

The United States government has extended its protection for Citgo, the U.S.-based refining arm of Venezuela's state oil company PDVSA, shielding it from creditors. This move aims to preserve the asset for a future democratic Venezuelan government.

Venezuela's PDVSA Signs Oil Supply Deals with US
Worldtvn245mo ago

Venezuela's PDVSA Signs Oil Supply Deals with US

Venezuela's state oil company PDVSA announced agreements to supply crude oil and fuels to the American market, stating the deal aims to contribute to the 'stability of the international energy market'.

PP Accuses Treasury of Favoritism in Zapatero-Plus Ultra Case
Businessel-mundo1mo ago

PP Accuses Treasury of Favoritism in Zapatero-Plus Ultra Case

The Popular Party (PP) has accused the Spanish Treasury of suspicious leniency towards government allies in the Plus Ultra case, specifically regarding former President Zapatero's associate. This comes after an entrepreneur and Plus Ultra executives' confessions reportedly undermined Zapatero's defense strategy, revealing a 1% 'kickback' and a debt deferral with Venezuelan PDVSA.

Repsol and Venezuela Sign Agreement to Boost Oil Production
Financeel-mundo4mo ago

Repsol and Venezuela Sign Agreement to Boost Oil Production

Spanish oil company Repsol has reached an agreement with the Venezuelan government and PDVSA to significantly increase its crude oil production in Venezuela. The company aims to boost output by 50% within 12 months from its current 45,000 barrels per day.