Dozens of US Oil Companies Set to Enter Venezuela Under New Energy Cooperation Framework
According to the International Desk of Webangah News Agency, US Energy Secretary Chris Wright confirmed in an interview with CNN the start of an unprecedented energy and oil cooperation initiative with the interim president of Venezuela. Wright claimed this collaboration respects the wishes of the Venezuelan side and serves the interests of the nation’s populace, insisting that Washington is not interfering in the role assigned to the interim government.
The American official stated that numerous US oil corporations are progressively entering or are on the verge of accessing the Venezuelan oil sector. He added that the United States is maintaining oversight of the flow of oil revenues to ensure these funds are managed effectively before being channeled back into the Venezuelan economy and the worldwide market. The Energy Secretary emphasized that ongoing discussions with Venezuelan transitional officials and major US companies aim to boost overall oil production and reconstruct the country’s energy infrastructure.
It is noteworthy that Washington seeks to maintain ‘indefinite’ control over Venezuelan oil sales, intending to introduce a substantial portion of the sanctioned crude onto the global market. Last night, Venezuelan Interim President Delcy Rodríguez met with US Energy Secretary Chris Wright in Caracas, where both parties exchanged views on critical energy sector issues and bilateral relations.
This meeting follows a recent decision by the US Treasury Department, an action deemed contrary to international norms, which stipulated that Venezuela could only export oil under Washington’s direct supervision. That statement explicitly noted that operations involving Venezuelan petroleum would exclude transactions with Russian parties. Earlier, US Secretary of State Marco Rubio had outlined Washington’s demands to Caracas, including opening Venezuela’s energy sector to American corporations, granting them access to production, and utilizing resulting oil revenues to purchase American goods.
However, the deposed Venezuelan President Nicolás Maduro previously identified the plundering of the nation’s oil resources as the ultimate objective behind the US pressure campaign against his country. The interim president of Venezuela has also previously stressed the commitment to resist Washington’s excessive demands.
