Venezuela’s interim president Delcy Rodriguez said on Sunday the country should not fear pursuing energy ties with the United States, as Caracas seeks to expand oil and gas production and attract foreign investment.
Speaking at an event with oil workers at state oil company PDVSA’s Puerto La Cruz refinery in Anzoategui state, Rodriguez said Venezuela needed to engage openly on energy cooperation with global partners.
“We must not be afraid of the energy agenda, neither with the United States nor with the rest of the countries in the world,” she said.
Rodriguez also voiced support for proposed changes to Venezuela’s hydrocarbons framework, saying the reforms were aimed at boosting productivity and drawing large amounts of domestic and international investment to develop the country’s reserves.
Venezuela’s National Assembly approved the proposed reform in an initial vote on Thursday, with a second debate still required for final approval.
Under the proposal, a new contract model would allow foreign and local companies to operate oilfields, market production and receive proceeds from sales, even when acting as minority partners alongside state oil firm PDVSA.
The reforms come as Venezuela seeks to revive its energy sector after years of underinvestment, sanctions and declining output.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance...
The International Olympic Committee (IOC) and the China Institute of Sport Science (CISS) have launched a campaign to reach 100 million people in Chin...
Pakistan's latest federal budget has exposed a difficult policy dilemma facing many developing economies: can a country achieve lasting prosperity by ...
Kazakh President Kassym-Jomart Tokayev arrived in Brussels for talks with EU leaders as Kazakhstan seeks to expand its partnership with Europe beyond ...
The signing of a historic 14-point Memorandum of Understanding (MoU) between the U.S. and Iran on 17 June has formally ended months of high-intensity ...
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Pakistan's latest federal budget has exposed a difficult policy dilemma facing many developing economies: can a country achieve lasting prosperity by prioritising fiscal stability if investment in people remains constrained?
Kazakhstan's Deputy Prime Minister and Minister of National Economy, Serik Zhumangarin, met senior Afghan officials in Kabul during a three-day visit aimed at expanding political, trade, transit and investment cooperation.
At least 12 students have died after a fire broke out in a building in the northern Indian state of Uttar Pradesh, authorities said. Most of the victims were teenagers attending an animation centre in the building when the blaze began.
At least thirteen people have died and sixty-six have been injured following an explosion at Qatar's main liquefied natural gas (LNG) processing hub at Ras Laffan, authorities said on Sunday.
Cape Verde’s remarkable FIFA World Cup debut continued on Sunday (21 June) as the tournament newcomers held Uruguay to a 2-2 draw. Goalkeeper Vozinha was once again at the centre of the story, this time with his mother watching from the stands.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
A severe heatwave sweeping across much of Europe has led France to restrict alcohol consumption at public events, while Germany issued widespread heat warnings and Spain closed a football fan zone in Madrid.
Armenia and Azerbaijan have agreed on a landmark internet deal that will allow traffic to pass through Azerbaijani networks.It's the latest deal to highlight the ongoing peace process between the two countries.
The International Olympic Committee (IOC) and the China Institute of Sport Science (CISS) have launched a campaign to reach 100 million people in China by 2028, encouraging more active lifestyles and greater participation in physical activity through community programmes and digital tools.
Pakistan's latest federal budget has exposed a difficult policy dilemma facing many developing economies: can a country achieve lasting prosperity by prioritising fiscal stability if investment in people remains constrained?
The signing of a historic 14-point Memorandum of Understanding (MoU) between the U.S. and Iran on 17 June has formally ended months of high-intensity conflict. Yet despite the agreement, tensions surrounding Lebanon threaten the durability of the fragile peace.
Sudan's military leadership has welcomed a growing number of defections from the rival Rapid Support Forces (RSF), reshaping alliances in the country's civil war while raising concerns among civilians and human rights groups over accountability for alleged wartime abuses.
China responded to Washington on Monday with trade restrictions targeting 56 American companies, in a calibrated response to U.S. measures imposed on Chinese firms earlier this month.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment