Venezuela’s oil investment deals struck in 2025 under Nicolas Maduro’s presidency “should be respected,” interim president Delcy Rodríguez said during a meeting with oil businesses broadcast on state TV.
- Venezuela received a total of $900m in investment for oil deals from international and local firms last year
- Such deals are known as CPPs, the Spanish acronym for Contratos de Participación Productiva
- “Investment in the oil industry should be respected at all instances”
- Rodriguez said she sent a message to US President Donald Trump thanking him for his “expressions of respect” toward her and urged him to drop sanctions against Venezuela ...
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