KoalaUnknown@lemmy.world to News@lemmy.world · 1 day agoTrump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reservesapnews.comexternal-linkmessage-square35linkfedilinkarrow-up1165arrow-down110
arrow-up1155arrow-down1external-linkTrump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reservesapnews.comKoalaUnknown@lemmy.world to News@lemmy.world · 1 day agomessage-square35linkfedilink
minus-squarejustOnePersistentKbinPlease@fedia.iolinkfedilinkarrow-up6arrow-down1·1 day agoAlso, as CBC pointed out this morning, this is basically the same annoucement he did when the US first took Venezeula. Since then, apparently none of the oil companies have moved into Venezeula, so this might be an attempt to get any traction there.
minus-squareuzername@lemmy.worldlinkfedilinkarrow-up2·1 day ago“Venezuela’s oil exports fell slightly to 1.16 million barrels per day in July from 1.2 million bpd the previous month as the country drained fewer inventories, but exports to the U.S. jumped to some 786,000 bpd, the highest since early 2019, shipping data showed on Monday.” https://www.reuters.com/business/energy/venezuelas-oil-exports-fell-slightly-july-cargoes-us-rose-2026-08-03
minus-squarejustOnePersistentKbinPlease@fedia.iolinkfedilinkarrow-up1·1 day agoNo new projects are shovel in dirt. Lots of promises and deals in thr making with Venezeula
Also, as CBC pointed out this morning, this is basically the same annoucement he did when the US first took Venezeula.
Since then, apparently none of the oil companies have moved into Venezeula, so this might be an attempt to get any traction there.
“Venezuela’s oil exports fell slightly to 1.16 million barrels per day in July from 1.2 million bpd the previous month as the country drained fewer inventories, but exports to the U.S. jumped to some 786,000 bpd, the highest since early 2019, shipping data showed on Monday.” https://www.reuters.com/business/energy/venezuelas-oil-exports-fell-slightly-july-cargoes-us-rose-2026-08-03
No new projects are shovel in dirt.
Lots of promises and deals in thr making with Venezeula