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US Seizes Control of Venezuela’s Oil Future | Venezuela News
Venezuela and the U.S. are locking in a seismic oil deal as Acting President Delcy Rodríguez and Energy Secretary Chris Wright unveil a landmark agreement with North American Blue Energy Partners, granting them control of 17 prime oilfields holding 65 billion barrels—while the U.S. stakes its claim at 35% and gains veto power over operations. With production poised to surge past two million barrels daily by decade’s end, Venezuela’s revamped hydrocarbon laws have attracted global players like Chevron, Eni, and Trump-backed Primavera—all while Washington funnels export revenues into its own…
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