… nnounced on Saturday, calls for the development of 17 strategic oil fields with a proven potential of 65 billion barrels, as well as “an investment of more than $100bn (£73.9bn) and more than $209bn in taxes” for Venezuela, according to Interim Venuzuela President Delcy Rodríguez …
… Dozens of people have been rescued alive, which “brings us joy that they can embrace their families and loved ones”, Acting President Delcy Rodríguez said at a televised briefing on Friday. …
… Since then, the US has sought to tighten ties with Maduro’s successor, Delcy Rodríguez, lifting sanctions on her and pushing to collaborate on the extraction of Venezuela’s oil reserves – the most plentiful on earth. …
Diesel prices in the US have hit $5.85 per gallon, an all-time high, as the US-Israel war with Iran drives up wholesale oil costs. President Trump has pledged to lower fuel prices through an oil development deal with Venezuela involving 17 strategic fields and over $100 billion in investment.
Diesel prices in the US have hit $5.85 per gallon, an all-time high, as the US-Israel war with Iran drives up wholesale oil costs. President Trump has pledged to lower fuel prices through an oil development deal with Venezuela involving 17 strategic fields and over $100 billion in investment.
President Trump announced the US has reached an agreement with Venezuela to control more than 65 billion barrels of its proven oil reserves, which Trump said would more than double American oil reserves and lower gas prices. Secretary of State Rubio said the deal would bring nearly $100 billion in private investment to Venezuela and support thousands of jobs.
Venezuela's crumbling port terminals are capping crude exports at 1.25 million barrels per day despite higher production, with tankers facing up to 30-day delays due to ageing infrastructure, power outages, and quality issues. The infrastructure bottleneck is complicating U.S. efforts to quickly boost Venezuelan oil exports and creating disputes over demurrage costs.
Over 5,300 people have died and more than 16,500 were injured in powerful twin earthquakes that devastated Venezuela's northern coastline; tens of thousands remain missing and families continue searching for loved ones.
The death toll from two earthquakes that struck Venezuela on June 24 has risen to 4,333, with 315 bodies unidentified and 16,740 injured. The government plans to distribute housing to the affected, with 200 homes to be allocated next week and preliminary estimates indicating 25,000 homes are needed.
A three-year-old boy named Klieber Morán was pulled alive from rubble six days after devastating earthquakes in Venezuela with magnitudes of 7.2 and 7.5. The death toll has risen to 1,943 with more than 10,000 injured, tens of thousands unaccounted for, and satellite data indicating approximately 58,870 buildings damaged or destroyed.
Twin earthquakes struck Venezuela last week, killing at least 1,700 people and trapping survivors under rubble in coastal areas such as La Guaira. Families of the missing say they need more support from authorities to conduct rescue operations, accusing the government of negligence.
Interim President Delcy Rodríguez said 33 people had been pulled from debris alive over the weekend following two powerful earthquakes that struck Venezuela on Wednesday, including two 11-year-old boys rescued separately on Sunday. At least 1,450 people have been killed and tens of thousands remain missing as rescue efforts continue past the critical 72-hour window for finding survivors.
Venezuela's government said 1,600 members of foreign rescue teams have arrived to help search for survivors of twin earthquakes that killed more than 900 people; the government expects 25 additional flights and 10 more countries to join rescue efforts.
Two powerful earthquakes struck Venezuela on Wednesday, with the second reaching magnitude 7.5, killing more than 900 people and injuring 3,360 others according to government figures. La Guaira in the north was hit hardest, with dozens of buildings destroyed and many people still missing as international rescue workers arrive to assist in search efforts.
Two earthquakes—magnitudes 7.2 and 7.5—hit Venezuela on Wednesday evening, striking seconds apart around Caracas. More than 30 people have been confirmed dead and hundreds injured, with authorities warning they have not yet assessed losses in the hardest hit areas.
President Donald Trump announced that the US military killed Niño Guerrero, leader of the Venezuelan gang Tren de Aragua, in an airstrike coordinated with Venezuelan authorities. The gang has been designated a foreign terrorist organisation by the Trump administration.
Violent clashes have erupted between inmates and security at a prison in the Venezuelan state of Barinas after prisoners protested alleged mistreatment including violent searches, solitary confinement, and shootings. Prisoner rights organisations say inmates at Injuba jail have been complaining for over a week about conditions under the prison's new director.