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US energy firms dominateVenezuela deals worth billions

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves. President Donald Trump has talked up the agreement on Venezuela's oil

This story summarizes reporting from France 24. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on France 24 →
FRANCE243 Sept 2026, 04:06 pmUpdated 1h ago1 min readEuropeWorld
US energy firms dominate Venezuela deals worth billions

World — FRANCE24

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves. President Donald Trump has talked up the agreement on Venezuela's oil reserves as the "biggest oil deal in world history." But the deals have raised major questions about Venezuela's sovereignty, as FRANCE 24's International Affairs Editor Kethevane Gorjestani explains.

This report is published with credit to France 24. The wire sent a summary; open the original for any extra context. Read on France 24 →

Source: France 24 · FRANCE24. Published 3 Sept 2026, 04:06 pm.

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