CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 31.Aug.2026, Words: 300) — Venezuela’s interim president Delcy Rodríguez announced a bilateral agreement with the US government for the joint exploitation of oil fields in the Orinoco heavy oil belt, also known as the Faja.

This agreement aims to consolidate Venezuela as an energy powerhouse, guaranteeing the country’s sovereignty over its reserves.