Axios Archives - The Daily Journal

Trump announces deal giving U.S. majority control over more than 65 billion barrels of proven oil reserves

August 29, 2026August 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — U.S. President Donald Trump announced Friday that Washington had reached an energy agreement with the Venezuelan government that he described as “the largest oil deal in world history,” under which U.S. companies will assume majority control over more than 65 billion barrels of proven crude oil reserves. In a message posted […]

U.S. negotiates stake in Venezuelan oil fields, Axios reports

August 27, 2026August 27, 2026Tatiana Da GamaLeave a Comment

The Daily Journal – The Donald Trump administration is holding advanced talks with Venezuela’s interim government to acquire an equity stake in the South American country’s oil fields under a deal that official sources describe as “massive,” digital news outlet Axios reported Thursday. If the parties finalize the deal, it would cover more than a […]