US and global energy firms expand Venezuela oil projects as Chris Wright oversees Caracas signing
US Energy Secretary Chris Wright oversaw the signing of a new package of oil and energy agreements in Caracas on Wednesday, adding fresh detail to the wider US-Venezuela arrangement announced days earlier. The deals involve Chevron, Italy's Eni and GE Vernova, and were presented at a ceremony in the Venezuelan capital alongside interim President Delcy Rodriguez. The agreements are separate from the broader oil arrangement that has already drawn scrutiny over the scale of US access to Venezuelan reserves.According to the supplied material, the new contracts are worth tens of billions of dollars and are aimed at expanding production, increasing... [Continue Reading]
360LiveNews | 03 Sep 2026 05:59 LONDON
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Maduro posts first photos from US detention after January abduction
Former Venezuelan President Nicolas Maduro has posted what appear to be his first photographs from a United States detention centre, where he says he has been held since his January abduction. The images were published on Sunday and show him wearing a grey tracksuit and making peace signs with both hands. The posts came two days after a US-Venezuela oil agreement was announced, adding a new political dimension to an already sensitive case.According to the supporting material, Maduro and his wife, Cilia Flores, were abducted by US special forces from Caracas and flown to the United States. They are being... [Continue Reading]
360LiveNews | 31 Aug 2026 04:03 LONDON
Trump says US will begin refilling Strategic Petroleum Reserve with Venezuelan oil
President Donald Trump has said the United States will begin refilling the Strategic Petroleum Reserve shortly using oil linked to a newly announced deal with Venezuela. In a post on social media, he said the process would begin "very shortly" and described the Venezuelan oil as a "gift" to the American people. The statement comes as the reserve has been drawn down sharply in recent years and was reported to be near a 44-year low.Trump said the reserve had been made "virtually" empty, blaming former President Joe Biden for the decline. The reserve is the country's emergency crude stockpile and... [Continue Reading]
360LiveNews | 30 Aug 2026 17:29 LONDON
