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Venezuela’s Oil Revival Accelerates as U.S. Majors Push Trump’s New Energy Order

Summary by Oil Price
Following the Washington-led removal of Venezuela’s previous president, Nicolás Maduro, from office on 3 January this year, U.S. firms are pushing hard to keep increasing oil production from the hydrocarbons giant, in line with President Donald Trump’s grand plans for the country within his new world order. The foundation for such output increases is extremely solid, as Venezuela still holds the world’s largest proven crude reserves -- roughly 3…

8 Articles

Lean Right

The double process of reconstruction of Venezuela, the recovery of the economic collapse caused by the Chavista regime and the overcoming of the serious damage caused by the earthquakes of June 24, demands an efficiency of management and an attraction of foreign capital that the current circumstances do not offer. The presidency of Delcy Rodríguez , without political and social legitimacy, and the 'protected' of the United States, which manages …

·Madrid, Spain
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Lean Right

Harry Sargeant III's departure from the Venezuelan oil business points to a reconfiguration of Washington's strategy, which now faces the challenge of driving the country's economic recovery and political transition in parallel.

·Mexico
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Venezuelans based in Miami started a campaign to ask the president of the United States, Donald Trump, to reconsider the application of a Differing Forced Departure (DED) immigration protection for 18 months for eligible Venezuelan citizens. The initiative is promoted by the Movement Born of the Pavement and the International Coalition for Venezuela, who launched a 30-day campaign under the hashtag #MasAllaDelTPS, with the aim of bringing the pe…

As the Trump administration tries to bring Venezuela back into the mainstream of major American oil investments, a Venezuelan businessman with connections in Caracas, Washington and Moscow has come to play the role of informal intermediary for the new energy strategy. Alejandro Betancourt helps smaller American companies identify deposits, assess operational bottlenecks and find local partners, at a time when major oil groups are still avoiding …

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EL NACIONAL broke the news on Monday, August 17, 2026.
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