Daily on Energy: What we know about the US-Venezuela oil deal

WHAT’S HAPPENING TODAY: Good afternoon and happy Monday, readers! August is coming to an end and we hope you all had a great month! Here in Washington, D.C., members of the House of Representatives will be making their way back to the Capitol. Callie and Maydeen will be keeping a close eye on lawmakers before…

In a landmark move, the United States and Venezuela have forged a 25-year energy partnership designed to uplift Venezuela's ailing oil sector and enhance production capabilities. Under this agreement, rights to unexplored oil reserves will be held for a century, with the U.S. claiming fifty-five percent of the new vent