Venezuela Reaffirms Oil Sovereignty After Announcing 25-Year US Deal

US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports - Reuters

US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports  Reuters

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

Venezuela says it retains ‘sovereignty’ following US oil deal

Under the deal, $19 from every barrel of oil sold to the US will flow to Caracas, interim President Rodriguez says.

Furore grows as Venezuela defends US oil deal with Trump

Venezuelan hardliners and opposition forces alike criticised acting president Delcy Rodriguez for agreeing to grant the US exclusive access to the country’s valuable oil resources. She may be betting that the deal with US President Donald Trump is her ticket to a tighter grip on power. One potential advantage for Rodriguez is if the deal to give the US majority control over 65 billion barrels of Venezuelan crude hems in the Trump administration’s incentive to press for swift election. “I thin...

By Bloomberg

Trump’s Venezuela oil deal has seismic potential, but it’s an idea not a reality

The US president’s priority is to exploit the country’s resources, not bring democracy to its people. Would a future government in Caracas uphold the deal?

By Michael Koziol

Trump says US has a deal to take huge stake in Venezuela’s oil reserves

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

After Trump announces ‘biggest oil deal’, Venezuela says it helps retain 'sovereignty’

Addressing the nation in a television address, Delcy Rodriguez hailed the accord as a “historic” deal that would help revive the economy.

Venezuela’s interim president says US energy deal will last 25 years - The Straits Times

Venezuela’s interim president says US energy deal will last 25 years  The Straits Times

Explained: Trump's Deal Giving US Access To Vast Oil Reserves In Venezuela

Donald Trump said the agreement announced Friday night would give the United States a stake in Venezuela's vast oil reserves.

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

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.

Pentagon to take 35% stake in Venezuela oil venture, WSJ reports

By Investing.com

Venezuela's interim president says US energy deal will last 25 years

Deal targets 17 oilfields, 1.5 million bpd output, to bring Caracas $209 billion in revenue

By Reuters

Venezuela reaffirms 'sovereignty' after 'historic' US oil deal

Venezuela's interim leader Delcy Rodriguez sought to reassure the public on Saturday that Caracas would control its oil under a new agreement that allows the U.S. significant...

Trump announces ‘biggest oil deal’ with Venezuela - Qatar Tribune

Trump announces ‘biggest oil deal’ with Venezuela  Qatar Tribune

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