USA: Private Company Gets 20% of Venezuela's Oil for 100 YearsPhoto by sloumou on Pexels
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Santarém

USA: Private Company Gets 20% of Venezuela's Oil for 100 Years

TV RECORD EUROPA1 September 2026 at 17:30

A private company from the United States obtained the right to keep 20% of Venezuela's oil for a period of 100 years, according to the terms of an agreement announced recently.

The full terms of the agreement were publicly disclosed, generating international controversy about the nature of American involvement in Venezuela.

The disclosure of the agreement details sparked an increase in criticism of American intervention in the South American country, with voices questioning the legitimacy and impacts of the agreement on Venezuelan sovereignty.

The information was featured on the RECORD TV website, which reported on the international repercussions of the case.

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