The Trump administration’s deal with a private oil company to increase oil production in the South American country could take many years to come to fruition.
Venezuela is believed to have one of the world’s largest reserves of oil but it produces very little oil because of mismanagement, corruption and U.S. sanctions.
The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.
An oil refinery in Punto Fijo, Venezuela, in 2021. Venezuela’s president, Delcy Rodríguez, said a U.S. oil deal would have a “significant impact on our nation’s revival.”
In the latest example, the Energy Department will convert a shuttered Cold War-era uranium enrichment facility into a data center campus and gas plants.
President Trump and Energy Secretary Chris Wright during a White House event last week in which 200 companies vowed to prevent A.I. data centers from driving up power costs.
In the latest example, the Energy Department will convert a shuttered Cold War-era uranium enrichment facility into a data center campus and gas plants.
The government is teaming up with Colossal Biosciences, a private company that claims to have revived extinct dire wolves, to store samples from at-risk animals and plants.
The Frozen Zoo in San Diego, which has been preserving cells for over 50 years. The U.S. Fish and Wildlife Service has announced a partnership with Colossal Biosciences for a similar effort.
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