U.S. Energy Secretary to sign Venezuela deal

An American official stated that Energy Secretary Chris Wright will visit Venezuela tomorrow to sign an agreement with a private entity, and Chevron is expected to announce an expansion of its operations in the country. Details about the nature of the agreement or the private entity have not been disclosed, and a new phase of talks regarding the political transition in Venezuela will commence in mid-September. Washington continues to monitor the political and economic situation in Venezuela, with ongoing interest in oil, investment, and sanctions issues.