With its leadership still unrivaled, oil giant Chevron on Monday signed two key agreements with the Venezuelan government led by Delcy Rodríguez that will allow it to restructure its assets in Venezuela and focus on expanding its extra‑heavy crude operations in a strategic area of the Orinoco Oil Belt.
© Jae C. Hong (AP)
Since January 3, when the United States military bombed Caracas, forcibly removed Nicolás Maduro and his wife, Cilia Flores — who are now imprisoned in New York — and killed more than 120 people, Venezuela has been facing a situation that would have been hard to imagine just a few months ago. Laws, such as those governing hydrocarbons or mining, are being rapidly reformed to facilitate the inflow of foreign capital; anti-imperialist Chavismo maintains constant contact with Washington; an amnesty law has been passed, freeing thousands of prisoners — though some remain incarcerated or lack full political freedom — and Maduro’s name is beginning to fade amid more immediate crises. Jorge Rodríguez (Barquisimeto, age 60), president of Venezuela’s National Assembly and the country’s second-highest-ranking official after his sister, President Delcy Rodríguez, prefers the term she coined — “a new political moment” — to describe current events rather than speaking of a transition.
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