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.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran'...
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, as emergency crews fought to contain blazes that have destr...
A deadly mass crossing from Morocco has placed renewed attention on Ceuta, a small Spanish territory on the North African coast that serves as one of ...
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 1st of August, covering the latest developments.
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Yemen's Houthi-run maritime coordination body on Saturday denied reports that it planned to charge commercial ships transiting the Bab el-Mandeb Strait. It said no such decision had been made and that passage through the strategic waterway remains free.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, as emergency crews fought to contain blazes that have destroyed more than 100 homes northwest of Athens.
A deadly mass crossing from Morocco has placed renewed attention on Ceuta, a small Spanish territory on the North African coast that serves as one of the European Union’s most politically sensitive external borders.
Hungary is facing five critical days as record-low water levels in the Danube force the country’s only nuclear power plant to shut down for the first time in more than four decades, Prime Minister Péter Magyar said on Sunday.
The death toll from the migration crisis in the Spanish enclave of Ceuta has risen to 72, while more than 48,300 migrants have returned to Morocco, Spanish public broadcaster RTVE reported Sunday.
Wildfires burning across more than 250,000 acres (around 1,011 square kilometres) in Washington state have prompted evacuations and widespread power outages, with officials warning that high winds and extreme heat are making firefighting efforts more difficult.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment