US Edition
US energy secretary set to arrive in Venezuela with Herculean task of oil recovery
Secretary Wright aims to boost Venezuela's oil output by billions of barrels and support private investment following a law ending PDVSA's monopoly, amid easing U.S. sanctions.
- U.S. Energy Secretary Chris Wright arrived Wednesday in Venezuela and met acting President Delcy Rodríguez at Miraflores presidential palace during a two-day visit including oil-field tours.
- After a Jan. 29, 2026 reform opened the oil sector, U.S. officials moved to engage Venezuelan leaders as the Trump administration eased sanctions allowing foreign firms to operate with PDVSA.
- Venezuela now produces about 1 million barrels daily, officials note, reflecting partial recovery, and Wright said north of $100 million will be invested to upgrade throughput at the Petropiar processing plant.
- U.S. officials say they now control oil revenue flows and sold Venezuelan crude last month, bringing $500 million to fund Venezuelan projects during a three-day U.S. visit including field inspections.
- Officials project rapid gains, saying some fields could double output in 12 to 18 months and quintuple over five years, while investors demand independent arbitrators and new Venezuelan oil law enabling private management.
167 Articles
167 Articles
US energy chief visits Venezuela to cement post-Maduro oil partnership
The US and Venezuela announced a long-term energy partnership on February 11 after interim President Delcy Rodríguez met US Energy Secretary Chris Wright in Caracas, in the first visit by a senior White House official.
The U.S. Secretary of Energy visited the facilities of a plant that operates Chevron in the oil strip of the Orinoco of Venezuela.
US energy secretary tours Venezuela oil facility with acting President Rodriguez
US Energy Secretary Chris Wright toured an oil facility in Venezuela’s Anzoátegui state Thursday with acting President Delcy Rodríguez. CNN’s Stefano Pozzebon reports from the ground.
Delcy Rodríguez Talks Future of Venezuela in NBC Interview
In her first interview since taking office after the Trump administration's ouster of Nicolás Maduro, Venezuela's interim President Delcy Rodríguez is sitting down exclusively with Meet the Press moderator Kristen Welker to talk about the future of the country and its relationship with the United States. "I can tell you that President Nicolás Maduro is the legitimate president," she says. It comes as U.S. Energy Secretary Chris Wright holds the f
Coverage Details
Bias Distribution
- 48% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
