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US energy secretary will travel to Venezuela to unveil oil arrangement | Energy News

Venezuela’s National Assembly voted to back the 65-billion-barrel oil deal, despite no details being publicly released.

United States Energy Secretary Chris Wright is set to travel to Venezuela, after the South American country has approved a deal that will see the US seize effective control of a large portion of its oil reserves.

An anonymous US official told reporters that Wright will travel to Venezuela on Tuesday, as the administration of President Donald Trump presses forward with the controversial energy deal.

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“First and foremost, it furthers the national interest of the United States,” the official said, adding that it is “critically important” for the US to be able to “to buy oil at cost reliably”.

Details are still emerging about the arrangement, likened by critics to deals imposed by colonial powers.

Still, the interim government of Venezuelan President Delcy Rodriguez has defended the agreement as a boon to her country’s beleaguered economy. The National Assembly, led by her brother Jorge Rodriguez, voted to back the measure on Tuesday.

“Support for the binational energy treaty between the Bolivarian Republic of Venezuela and the United States of America … is approved,” Jorge Rodriguez said.

But even within the National Assembly, there was pushback. Some opposition lawmakers abstained from the vote and denounced the fact that the terms of the agreement have yet to be published.

“We need and are obliged to know what is written in the fine print,” lawmaker Luis Emilio Rondon said, calling for “the full and complete text of what has been agreed”.

While details about the arrangement are still emerging, the deal is slated to give the US access to 65 billion barrels of proven oil reserves in Venezuela, about one-fifth of the country’s total.

As part of the deal, the US is expected to enter into a partnership with a private company to extract fuel from 17 large Venezuelan oil fields. The lease over the oil fields will run 100 years, according to reports.

The White House confirmed on Monday that it is partnering with North American Blue Energy Partners (NABEP), helmed by Venezuelan businessman Alejandro Betancourt who is a former ally of the late Venezuelan President Hugo Chavez.

The agreement would create a new company, wherein the US Defence Department would take a 35 percent ownership stake and the State Department would have the right to buy 20 percent of the oil produced at cost.

Betancourt has faced criminal investigations for alleged money laundering in Spain and Switzerland.

But a US official who spoke anonymously defended the partnership, arguing that Betancourt is not facing any criminal charges in the US.

“I’m not nominating anyone for sainthood here,” the official said. Instead, the official framed the deal as “a geopolitical opportunity to secure fields that primarily had largely been under the influence of Chinese and Russian companies”.

Asked about the possibility of democratic elections in Venezuela, the official said they were not feasible in the immediate future.

Periods of transition, the official added, “almost invariably requires you to work with elements of the existing structure, even as you are creating a new one”.

Separately, oil giant Chevron is expected to sign an agreement to expand operations in Venezuela on Wednesday.

Venezuela’s energy sector has become dilapidated, with critics blaming heavy US sanctions and government mismanagement.

While the Trump administration has pushed for greater international participation in Venezuela’s oil sector, some companies have expressed scepticism about investing there.

The 65-billion-barrel oil deal was announced on August 27 in a post on Trump’s Truth Social platform.

His administration has exercised increasing influence over Venezuela’s government, since it launched a January 3 military operation to abduct and imprison Venezuelan President Nicolas Maduro.

Trump and Maduro had frequently clashed. In the wake of Maduro’s abduction, Trump backed the socialist leader’s vice president, Rodriguez, to take over Venezuela’s government, holding her up as a model of cooperation.

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Sens. Schiff and Klobuchar unveil new cybersecurity bill

Sen. Adam Schiff, D-Calif., speaks Tuesday at the U.S. Capitol in Washington, D.C. Schiff and Sen. Amy Klobuchar, D-Minn., have released a new cybersecurity bill, the Water Cyber Shield Act. Photo by Bonnie Cash/UPI | License Photo

Aug. 10 (UPI) — Sens. Adam Schiff, D-Calif., and Amy Klobuchar, D-Minn., released a new cybersecurity bill, the Water Cyber Shield Act, on Monday in an effort to meet increased cybersecurity needs for U.S. water infrastructure.

This follows recent cyberattacks on more than 30 municipal water systems throughout Minnesota and other states last month. Officials suspect that they may originate from Iran-based hackers.

While utilities regained control over their systems and water supplies were not affected, CBS News reported, cybersecurity experts saidthe attacks exposed longstanding weaknesses.

A press release from Schiff, the top Democrat on the Fisheries,Water and Wildlife subcommittee of the Environment and Public Works Committee, said the act would strengthen federal oversight by the Environmental Protection Agency, provide important funding for local utilities and protect drinking water and wastewater systems from cyberattacks.

“Every American depends on safe, reliable drinking water, yet recent events have exposed just how vulnerable our water systems remain toc yberattacks by foreign adversaries and criminal entities,” Schiff said in a statement. “These threats are not hypothetical — they are happening right now.This legislation gives EPA the tools the tools it needs to protect thiscritical infrastructure while providing the resources that local water and wastewater systems need to strengthen their cybersecurity without passing the cost on to ratepayers.”

The bill would increase drinking water and clean water state revolving funds by $300 million annually, The Hill reported. It would requirethe EPA to work with the Cybersecurity and Infrastructure Security Agency and the National Institute of Standards and Technology to establish basic cybersecurity standards for drinking water systems.

“The recent cybersecurity attacks on Minnesota have highlighted the urgent need to improve the security of our water systems and critical infrastructure,” Klobuchar said. “Our legislation will direct the EPA to assess water infrastructure cybersecurity and identify vulnerabilities, and help municipal water systems defend against cyber threats.”

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Rams unveil new ‘Classic Sol’ and ‘Fearsome White’ uniforms

Entering a season in which they are favored to win the Super Bowl, the Rams have added uniforms that pay homage to past glory.

On Thursday night, during a fan event at the YouTube Theater in Inglewood, the Rams unveiled two alternate ensembles that commemorate their 1951 NFL championship team and their storied defensive front of the 1960s and ‘70s.

The “Classic Sol” uniform features a yellow jersey that honors the 75th anniversary of the Rams’ title. The “Fearsome White” uniform harks to the storied Fearsome Foursome defensive line that featured Deacon Jones, Merlin Olsen, Lamar Lundy and Rosey Grier.

Rams players Byron Young, Kobie Turner, Braden Fiske and Myles Garrett show off the Rams' new "Fearsome White" uniforms.

Rams defensive players (from left) Byron Young, Kobie Turner, Braden Fiske and Myles Garrett show off the Rams’ new “Fearsome White” uniforms.

(Los Angeles Rams)

Kathryn Kai-ling Frederick, the Rams’ chief marketing officer, said the uniforms have been in the works for two years and were “heavily requested” by fans.

SoFi Stadium will be the site of Super Bowl LXI, and the Rams made several blockbuster offseason moves to increase their chances of playing in it.

“Being able to not only inspire fans who’ve been asking for this, but also to educate modern L.A. Rams fans about era after era of championship DNA and success can only inspire us as we come back and host the Super Bowl,” Frederick said this week.

Rams defensive end Kobie Turner wears the Rams new "Classic Sol" uniform.

Rams defensive end Kobie Turner wears the Rams new “Classic Sol” uniform.

(Los Angeles Rams)

The Rams’ so-called closet now includes five uniforms, including two recently updated uniform combinations — one that was introduced in 2020, the other in 2021 — a black “Midnite Mode” rivalries uniform that debuted last season and the two new alternate uniforms.

The Rams will wear the “Classic Sol” uniform for the home opener against the New York Giants on “Monday Night Football” on Sept. 21, and for their Dec. 3 game against the Kansas City Chiefs on “Thursday Night Football.”

The Fearsome White uniform will be worn for the Nov. 25 “Thanksgiving Eve” game against the Green Bay Packers.

“The entire game experience is all going to be predicated around what we’re wearing on the field,” said Cory Befort, the Rams’ executive creative director, adding that the environment will be “an immersive world for fans to experience for each one of these uniform designations on the field.”

Along with the yellow jersey, the “Classic Sol” jersey includes era-specific number design and three blue shoulder stripes.

The “Fearsome White” uniform features a helmet that includes white horns and a white face mask.

Rams wide receiver Puka Nacua shows off the team's new "Classic Sol" uniform.

Rams wide receiver Puka Nacua shows off the team’s new “Classic Sol” uniform.

(Los Angeles Rams)

“To see the Los Angeles Rams uniforms that we wore 60 years ago on the playing field now, reminds me of the importance of being a team player,” Grier said in a statement released by the Rams. “We selflessly prioritized the team’s collective success over individual stats or personal glory.

“As strong teammates, we supported each other through the inevitable ups and downs of the NFL season. Whether we had those uniforms on or off, we were accountable teammates, trusting each other to do our job flawlessly.”

Rams offensive lineman Steve Avila wears the Rams' new "Fearsome White" uniform.

Rams offensive lineman Steve Avila wears the Rams’ new “Fearsome White” uniform.

(Los Angeles Rams)

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