Venezuela signs oil deal with TotalEnergies amid sanctions debate

On 2026-09-20, Venezuela's Interim President Delcy Rodríguez signed an agreement with French oil company TotalEnergies, marking a significant energy sector development amid international sanctions and geopolitical commentary on US-Latin American relations. The deal was noted as a strategic shift toward European partnerships.

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Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies

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Venezuela leader Rodriguez signs agreement with French Oil Company Total Energies - www.reuters.com/business/ene... Venezuela Interim President Delcy ​Rodriguez on Saturday ‌signed a memorandum of understanding ​with French oil ​and gas company ⁠Total Energies, according ​to local media.