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US energy secretary vows oil output will double on visit to Venezuela
France🏛️ PoliticsCenter3 hr. ago

US energy secretary vows oil output will double on visit to Venezuela

The U.S. Energy Secretary, Chris Wright, arrived in Venezuela to prepare for a significant oil agreement between the U.S. government and Venezuela. Under this deal, the U.S. would establish and manage a private entity holding 65 billion barrels of proven oil reserves. The agreement aims to attract further investment from American energy companies despite existing obstacles. Details regarding additional agreements and specific challenges facing the venture were not provided in the excerpt.

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France 24 (English) logoFrance 24 (English)State / PublicCenter3 hr. ago
US energy secretary vows oil output will double on visit to Venezuela

The U.S. Energy Secretary, Chris Wright, arrived in Venezuela to prepare for a significant oil agreement between the U.S. government and Venezuela. Under this deal, the U.S. would establish and manage a private entity holding 65 billion barrels of proven oil reserves. The agreement aims to attract further investment from American energy companies despite existing obstacles. Details regarding additional agreements and specific challenges facing the venture were not provided in the excerpt.

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