U.S. energy secretary to visit Venezuela to discuss PDVSA leadership, Politico reports

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U.S. Energy Secretary Chris Wright. File

U.S. Energy Secretary Chris Wright. File | Photo Credit: Reuters

U.S. Energy Secretary Chris Wright plans ​to sojourn Venezuela soon ‌to “start the dialogue” ​with officials connected the aboriginal enactment of Venezuelan lipid institution PDVSA, Politico reported connected Monday (February 9, 2026).

Mr. Wright, who plans to sojourn immoderate of the nation’s oilfields, told Politico: “PDVSA ​was a highly professional, ⁠technically competent lipid and state institution 30 years ago, and it hasn’t ​been 1 for rather ⁠some time.”

He intended to amended the absorption of the state-run lipid company, which has ‌emerged arsenic an obstacle ‌in the Trump administration’s efforts to propulsion planetary lipid ‍companies to put successful the country, the study said.

In December, ‍due to prime issues with the lipid and U.S. sanctions, authorities lipid institution PDVSA had been forced to slash prices, with the discount to Brent benchmark crude astir treble year-ago ⁠levels.

He planned to conscionable with acting President Delcy ​Rodríguez during his clip determination and ⁠expected the state to clasp antiauthoritarian elections successful the adjacent 18 to 24 months, Politico said.

Published - February 09, 2026 04:48 p.m. IST

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