Venezuela signs memorandum with TotalEnergies amid diplomatic reopenings
Venezuela's acting president Delcy Rodríguez signed a memorandum of understanding with TotalEnergies on 19 September, Reuters reported, while a US company sealed an oil block deal with state firm PDVSA earlier that week. Human Rights Watch made its first official visit since 2008 and met officials, rights groups and prisoners' relatives, and Paraguay's president visited Caracas to restore relations. The agreements are symbolic so far: Reuters gave no field names, figures or timelines, and PDVSA still lacks capital and technical staff, so binding contracts or first cargoes remain the next tests for investors and rights monitors.
TotalEnergies signed a memorandum but provided no financial or field details
Context
A US oil producer signed an oil block deal with PDVSA on 16 September. Human Rights Watch returned for the first official visit since 2008. Next steps could be a binding contract, named fields, or fuller human rights reporting.
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