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US Energy Secretary and Venezuela's Acting President Forge New Oil Partnership

KVIA•Friday, February 13, 2026 at 1:15 AM•CNN Newsource

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AI Summary

In a surprising diplomatic shift, US Energy Secretary Chris Wright toured oil facilities in Venezuela alongside acting president Delcy Rodríguez, just weeks after the ousting of Nicolás Maduro. This visit, which included discussions on over $100 million in investments to enhance oil production, marks a significant change in relations between the two nations, which had been strained for years. Wright indicated that production could double in 12 to 18 months, emphasizing the importance of US control over Venezuela's oil industry. The meeting also highlighted Venezuela's recent political reforms, including potential amnesty for political prisoners and new laws to attract foreign investment. As the country navigates its transition, the US aims to support economic recovery while encouraging democratic processes.

Key Details: • Wright's visit included a $100 million investment plan for oil facility upgrades. • Production at the Petropiar facility is expected to double in 12-18 months. • This is the first US media visit to Venezuelan oil fields in eight years. • Venezuela's National Assembly is considering amnesty for political prisoners. • US and Venezuela aim to strengthen bilateral cooperation amid ongoing political changes.

politics investment venezuela oil diplomacy

People & Organizations

Nicolás MaduroCaracasChris WrightDelcy RodríguezChevronAnzoátegui StateUS Delta Force

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