Rubio calls U.S.-Venezuela oil deal a “major win,” projects $100 billion in investment

The Daily Journal. — U.S. Secretary of State Marco Rubio on Friday endorsed the bilateral energy agreement with Venezuela, which gives Washington majority control over 17 strategic oil fields with proven potential of 65 billion barrels of reserves. “This agreement is a major win for both the American and Venezuelan people,” the top U.S. diplomat […]

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Venezuela confirms agreement with U.S. on 65 billion barrels of oil reserves

The Daily Journal. — The Venezuelan government confirmed Friday night that it had signed an energy agreement with the United States that opens the development of “17 strategic fields, with proven potential of 65 billion barrels of oil” to private operators. In an official statement posted on social media, acting President Delcy Rodríguez described the […]

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

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 […]

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

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 […]

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Trump uses Venezuela as a success story to defend higher military spending

The U.S. president said stronger armed forces have delivered results in Venezuela and other international arenas. He also said Caracas is cooperating with Washington to increase oil production. The Daily Journal. — U.S. President Donald Trump cited the January 3 military operation in Venezuela and the capture of Nicolás Maduro as one of the successes […]

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U.S. welcomes dialogue between Venezuela’s government and opposition

The Daily Journal. — The United States on Thursday welcomed the launch of a dialogue process between the Venezuelan government and a group of former opposition lawmakers, describing the initiative as an important step toward political reconciliation and the country’s recovery after the devastation caused by the recent earthquakes. State Department spokesperson Tommy Pigott said […]

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Johann Álvarez appointed Venezuela’s new Chargé d’Affaires to the United States

The Daily Journal — Acting President Delcy Rodríguez announced on Monday the appointment of economist Johann Álvarez Márquez as Venezuela’s new Chargé d’Affaires to the United States. In her announcement, the head of state said the new envoy has “the mission of representing our country’s interests and advancing this new stage of dialogue, cooperation, and […]

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SOUTHCOM Commander denies U.S. control of Maiquetía airport

The Daily Journal.— Francis L. Donovan, commander of the United States Southern Command (SOUTHCOM), denied on Tuesday that U.S. forces have taken control of Simón Bolívar International Airport in La Guaira state. Speaking during a virtual press conference, the senior military officer emphasized that the U.S. contingent has one mission: to help channel humanitarian assistance […]

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Donald Trump says Venezuela must rebuild its oil industry before holding elections

The Daily Journal.— U.S. President Donald Trump said Venezuela will eventually hold elections, but not in the immediate future because the country’s infrastructure has suffered extensive damage and much of the nation remains in ruins. During an interview with Fox News, Trump said his administration must first lead a national reconstruction effort before Venezuela can […]

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