Marco Rubio discusses oil development talks involving Venezuela and PDVSA, which operates in a country with large oil reserves.

The entities involved

• Venezuela →

  Country in Latin America

  • The Organization of American States (OAS) is currently gathering to address and resolve political crises in several member states, including Haiti, Venezuela, Guatemala, and Nicaragua.Mon 13:11
  • Fundraising supports aid work in Venezuela.Mon 11:26
• PDVSA →

  Venezuelan government-owned oil company

  • PDVSA, Venezuela's state oil company, signed a crude and gas agreement with Repsol to regain operational control of assets in Lake Maracaibo.Mon 04:49
  • The United States claims a 20 percent stake in Venezuelan oil reserves, which are managed by PDVSA.Sun 00:37
• Marco Rubio →

  72nd United States Secretary of State since 2025

  • Amid renewed fighting between Israel and Hezbollah, Marco Rubio and Joseph Aoun discussed the need for a ceasefire and the disarmament of Hezbollah in Lebanon.Mon 17:39
  • Saudi Arabia and Mohammed bin Salman sought US military and diplomatic support through Marco Rubio to target Houthi rebels.Mon 16:43

Related events

• Delcy Rodriguez, Donald Trump, and Marco Rubio discussed seeking an oil production agreement and partnership details in Venezuela.Aug 31
• Commentary details current U.S. policy regarding Venezuelan oil reserves and U.S. interventions in various countries.Sep 4
• U.S. administration seeks oil access in Venezuela, with the Secretary of State supporting agreement details.Aug 31
• Venezuela is reportedly in talks to acquire stakes in oil fields, while global events impact strategic reserves.Aug 27
• Oil flows to U.S. reserves via government demand, alongside plans to invest $7 billion in Venezuelan oil production.Sep 21