The energy industry has long opposed government intervention, and some executives are worried the U.S. is creating a giant with the ability to push them around.

Venezuela's acting President Delcy Rodríguez signed an agreement granting U.S. companies majority control over 65 billion barrels of crude oil.

The principle that sitting heads of state are immune from prosecution abroad is a longstanding tenet of international law seen as fundamental to diplomacy. Maduro's push to ​persuade Manhattan-based U.S. District Judge Alvin Hellerstein to dismiss the case will test U.S. courts' ⁠general ⁠reluctance to apply international law ⁠in criminal ​cases.

Venezuela is becoming a major testing ground for Donald Trump’s hemispheric ambitions, emerging as another potential source of rivalry with China.

Venezuela has released Bishop Jylman Red Jurado Farf n from Rodeo III Prison in Miranda state after more than five years in custody that involved torture He is reportedly among dozens of political

U.S. oil company North American Blue Energy ⁠Partners ⁠will take over some oilfields previously controlled by several ⁠Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday.

Under his “Donroe” doctrine, President Trump no longer treats Venezuela as sovereign. Canada fears the same treatment.

U.S. Energy Secretary Chris Wright, while speaking in Venezuela on Sept. 2, 2026, says oil deals worth tens of billions of dollars are vital to transforming Venezuela and aim to bring peace and thousands of jobs by expanding energy production.