{
  "id": 5053620,
  "title": "US energy secretary vows oil output will double on visit to Venezuela",
  "url": "https://urgent.news/2026/09/02/us-energy-secretary-vows-oil-output-will-double-on-visit-to-venezuela",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T09:17:57.000Z",
  "source": {
    "name": "France 24 Business",
    "slug": "france-24-business",
    "url": "https://www.france24.com/en/tv-shows/business/20260902-us-energy-secretary-vows-oil-output-will-double-on-visit-to-venezuela"
  },
  "original_language": "en",
  "account": null,
  "summary": "US Energy Secretary Chris Wright visited Venezuela for a signing ceremony of a landmark oil deal between the US government and Venezuela. The deal involves creating a private company that will hold 65 billion barrels in proven oil reserves, with the US having majority ownership.\n\nThe agreement aims to encourage other US energy firms to invest in Venezuela despite challenges. According to the Qatar Tribune Business, the US Strategic Petroleum Reserve is at its lowest level since November 1982. The new public-private joint venture's produced oil will be used to fill up the reserve.\n\nThe deal, described by the White House as the \"biggest oil deal in world history,\" involves the Pentagon's Office of Strategic Capital acquiring up to a 35 percent equity stake in a company that owns North American Blue Energy Partners, the second-largest private oil producer in Venezuela. NABEP plans to invest $100 billion in new infrastructure.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Qatar Tribune Business",
        "title": "Venezuela deal fails to ease US energy strain",
        "url": "https://urgent.news/2026/09/01/venezuela-deal-fails-to-ease-us-energy-strain",
        "published": "2026-09-01T21:27:00.000Z"
      },
      {
        "outlet": "Semafor",
        "title": "Trump’s Venezuela deal draws scrutiny of obscure Pentagon office",
        "url": "https://urgent.news/2026/09/02/trumps-venezuela-deal-draws-scrutiny-of-obscure-pentagon-office",
        "published": "2026-09-02T08:54:07.000Z"
      },
      {
        "outlet": "France 24",
        "title": "US energy secretary vows oil output will double on visit to Venezuela",
        "url": "https://urgent.news/2026/09/02/us-energy-secretary-vows-oil-output-will-double-on-visit-to-venezuela-5056473",
        "published": "2026-09-02T09:17:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}