
The agreements could generate billions in investment and expand oil production, but critics question US control over Venezuelan reserves and the government’s commitment to restoring democratic elections.
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Announcement comes as US Interior Secretary Doug Burgum wraps up a two-day trip to Venezuela, part of US President Donald Trump's push for greater access to the country's mineral wealth.
March 6, 2026

The United Nations said that the US military operation in Venezuela undermined international law, saying unilateral force would worsen instability and human rights conditions.
January 6, 2026
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Washington cleared Trinidad, Tobago to exploit Dragon gas field in Venezuelan waters despite a US oil embargo; Maduro has accused US of "fabricating a war" for political purposes.
October 28, 2025