Venezuela announces 25-year energy agreement with the US
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Delcy Rodriguez, Donald Trump, Chevron
Venezuela
August 29, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 18/30/2026, 3:00:48 PM
Venezuela and the US have reached a 25-year energy agreement targeting 1.5 million barrels per day in crude output. The deal involves developing 17 strategic oil fields and 8 greenfield blocks. Venezuela retains sovereignty over resources while leveraging foreign capital and technology.
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