Caracas, Sept 3, 2026 (AFP) - US energy firms dominate Venezuela deals worth billions

NAMPA / AFP

2026-09-03

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves. US Energy Secretary Chris Wright traveled to Caracas to oversee the signing of deals worth "tens of billions of dollars of investment," seen as a quid pro quo for Washington winning majority control of 65 billion barrels of Venezuelan oil......

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