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France 24

Business

Charles PELLEGRIN

UNCOVERED: Us energy secretary vows oil output will double on visit to venezuela | History Defined

United States Oil Venezuela Chris Wright

Cover image: BUSINESS © FRANCE 24

US Energy Secretary Chris Wright landed in Venezuela on Tuesday ahead of a signing ceremony for a landmark oil deal between the US government and Venezuela. The deal would see the US create and control a private company that will hold 65 billion barrels in proven oil reserves. This agreement is also meant to encourage other US energy firms to invest in the country, in spite of serious challenges. In this edition, we see what other deals could be announced and what those challenges are.

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