US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves
Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.
The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.
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© Photograph: Anadolu/Getty Images
© Photograph: Anadolu/Getty Images
© Photograph: Anadolu/Getty Images
US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves
Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.
The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.
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© Photograph: Anadolu/Getty Images
© Photograph: Anadolu/Getty Images
© Photograph: Anadolu/Getty Images
Campaigners say ‘seismic shift’ follows years of pressure to sever ties with oil and gas firm
The London Science Museum has ended its decades-long partnership with the oil and gas company BP in what has been described as a “seismic shift” for the museum.
The Science Museum Group academy, which was established in 2018 to provide training and resources, announced on Friday that it would be ending its partnership with BP. In a statement, the director and chief executive of the Science Museum Group, Sir Ian Blatchford, said the partnership had “drawn to a close at the end of the current contract term”.
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© Photograph: Anna Vickerstaff
© Photograph: Anna Vickerstaff
© Photograph: Anna Vickerstaff
Critics call move to gain long-term access to country’s massive energy reserves ‘predatory’ and ‘unconstitutional’
Reports that the US is preparing to claim a big stake in Venezuela’s massive energy reserves have sparked an outcry, with critics describing the move as “predatory” and a “rapacious” land grab.
Several media outlets this week reported that the Trump administration – which abducted Venezuela’s authoritarian president, Nicolás Maduro, in January and has steered the South American country ever since – hopes to secure long-term access to its oil and gasfields.
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© Photograph: Gaby Oraa/Bloomberg via Getty Images
© Photograph: Gaby Oraa/Bloomberg via Getty Images
© Photograph: Gaby Oraa/Bloomberg via Getty Images
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