Venezuela and Oil Giant Shell Sign Oil Agreements to Boost Foreign Investment

Venezuela's interim president, Delcy Rodríguez, signed oil agreements with the major international energy company Shell, Venezuelan state television reported on Thursday, without offering specific details about the agreements. The announcement came during the visit to Venezuela of U.S. Secretary of the Interior Doug Burgum, who also heads the U.S. National Energy Domain Council. Burgum was seen meeting with Rodríguez and other Venezuelan officials. During the meeting, he praised the interim president's efforts to boost foreign investment in the country's oil and mining sectors. That recognition was also expressed by U.S. President Donald Trump. The agreements are part of a broader strategy that follows a comprehensive reform of the oil sector approved in January, aimed at revitalizing the Venezuelan energy industry.