Venezuela’s acting president, Delcy Rodríguez, described the deal as a step toward economic recovery that will modernize the country’s oil industry.

The Trump administration is discussing a potential US ownership stake in Venezuelas oil industry, Axios reported, covering more than a dozen fields holding about 90 billion…

NEW YORK, Aug 28 — President Donald Trump’s administration is in talks with Venezuela’s interim government about the United States taking an ownership stake in the South...

Announcement followed weeks of US Venezuelan negotiations