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.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claim...
Twelve people have been arrested in connection with an alleged extreme right-wing terrorism plot targeting a major Islamic gathering in Suffolk, promp...
Ukraine and a group of key Western allies have launched a new air defence coalition to develop a European anti-ballistic missile system that will comp...
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
Twelve people have been arrested in connection with an alleged extreme right-wing terrorism plot targeting a major Islamic gathering in Suffolk, prompting counter-terrorism police to declare a major incident and bring the event to an early close.
Ukraine and a group of key Western allies have launched a new air defence coalition to develop a European anti-ballistic missile system that will complement existing defences and reduce reliance on the costly U.S.-made Patriot system.
Two endangered loggerhead sea turtles have been released into the Mediterranean from Türkiye's Antalya province as part of a conservation project to track their migration and strengthen protection efforts.
The 4th Shusha Global Media Forum will bring together nearly 160 media leaders, experts and officials from 54 countries in Azerbaijan's historic city of Shusha on 13-14 July, to discuss journalism’s role in peacebuilding, restoring public trust and tackling challenges.
The U.S. has launched fresh strikes on Iran after Tehran targeted a container ship and said it had again closed the Strait of Hormuz. Iran also claimed to have expanded attacks on U.S. military facilities across the Gulf.
Typhoon Bavi, the strongest storm to hit the eastern coast of mainland China this year, brought heavy rain, strong winds, flooding and landslides after making landfall in Zhejiang province on Sunday. More than 2.8 million people were evacuated to safety ahead of the storm.
President Ilham Aliyev is holding his annual question-and-answer session with international journalists at the 4th Shusha Global Media Forum in Azerbaijan.
Qatar is mourning the death of its former ruler, Sheikh Hamad bin Khalifa Al Thani, who has passed away at the age of 74.
Twelve people have been arrested in connection with an alleged extreme right-wing terrorism plot targeting a major Islamic gathering in Suffolk, prompting counter-terrorism police to declare a major incident and bring the event to an early close.
Ukraine and a group of key Western allies have launched a new air defence coalition to develop a European anti-ballistic missile system that will complement existing defences and reduce reliance on the costly U.S.-made Patriot system.
Russian athletes will once again be allowed to represent their country in international modern pentathlon competitions after the sport's governing body lifted restrictions on their participation, marking another step in Russia's return to international sport.
The AFC/M23 rebel movement is using its response to a small Ebola outbreak in eastern Democratic Republic of Congo as evidence of its ability to govern territory under its control, establishing parallel health structures and relying partly on support from neighbouring Rwanda.
Britain has moved to target Iran's Islamic Revolutionary Guard Corps (IRGC) and another Iran-linked organisation using new state-threat powers following a series of antisemitic incidents across the country.
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