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. President Donald Trump has talked up the agreement on Venezuela's oil reserves as…
CARACAS — The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was, until recently, targeted in U.S. money laundering investigations involving funds embezzled from the state-owned oil company PDVSA.
A tense new fault line in Venezuela's post-Maduro era. Opposition leader and Nobel laureate María Corina Machado has questioned the interim government's massive oil deal with the US — which grants Washington access to over 65 billion barrels, nearly 20% of Venezuela's reserves. While calling the US Venezuela's "principal partner," Machado said the current Caracas leadership lacks the "democratic mandate" to negotiate the country's resources, demanding elections instead.
Chevron is expanding its operations in Venezuela after President Trump announced a sweeping deal aimed at developing the country’s enormous oil reserves.
Office buildings of the thermoelectric plant of the Josefa Joaquina Sanchez Bastidas Complex are seen May 3, 2021, in Catia la Mar, Venezuela. The plant was built by Derwick Associates Corp., a company owned by Venezuelan businessman Alejandro Betancourt.
La Raisa thermoelectric plant is seen April 29, 2021, near Caujarito, Venezuela. It was built by Derwick Associates Corp, a company owned by Venezuelan businessman Alejandro Betancourt.
Office buildings of the thermoelectric plant of the Josefa Joaquina Sanchez Bastidas Complex are seen May 3, 2021, in Catia la Mar, Venezuela. The plant was built by Derwick Associates Corp., a company owned by Venezuelan businessman Alejandro Betancourt.
La Raisa thermoelectric plant is seen April 29, 2021, near Caujarito, Venezuela. It was built by Derwick Associates Corp, a company owned by Venezuelan businessman Alejandro Betancourt.
