In a landmark visit to Caracas, U.S. Energy Secretary Chris Wright met with Venezuelan Acting President Delcy Rodríguez on Wednesday - marking the highest-level U.S. energy official trip to Venezuela in nearly 30 years as Washington and Caracas pursue an ambitious energy partnership.
Wright vowed a “dramatic increase” in Venezuelan oil production and broader energy output, seeking to attract foreign investment to revive the nation’s long-struggling oil, gas, and electricity sectors. He described the talks as candid and constructive, focused on harnessing Venezuela’s vast reserves and boosting economic ties.The meeting comes amid significant shifts in Venezuelan policy, including new energy laws to encourage private involvement and eased U.S. sanctions following recent political changes. Both sides cast the visit as a turning point in bilateral energy cooperation, with hopes for a surge in production and investment that could reshape the region’s energy landscape.
