The U.S.-Venezuela agreement would include a third-party oil operator and incorporate 17 mature or undeveloped oilfields.

The pact would give the US 55% of a joint venture over 17 Venezuelan oilfields for 100 years. But legal, political and infrastructure risks cloud its future.

President Donald Trump said Friday that the United States has reached an agreement with Venezuela giving American interests majority control of more than...

Announcement followed weeks of US Venezuelan negotiations

It could give both countries reason to forestall a democratic transition | World News