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Story summary
- Interim President Delcy Rodríguez signed a 25-year energy agreement with the United States.
- The deal aims to raise Venezuela’s crude output to 1.5 million barrels per day.
- It includes 17 oilfields holding about 65 billion barrels of proven reserves.
- U.S. private-sector partners, including Chevron, receive a 55% stake, attracting over $100 billion investment.
- Projected Venezuelan revenue totals $209 billion, about $19 per barrel.
