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Venezuela’s US-Driven Crude Ramp-up to Provide Boost for Atlantic Tankers
Chevron to increase production as Trump administration takes stake in smaller outfit
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Although Caracas claims that its commitments remain in force, the treaty reduces the space occupied by Beijing and Moscow for years.
·Bogotá, Colombia
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The U.S. and Venezuela reached an agreement that gives Washington access to some 65 billion barrels of Venezuelan crude oil. The president in charge, Delcy Rodríguez, said the pact will help reactivate the oil industry and recover the country’s electricity infrastructure.
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