The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves
- The U.S.: 11 events in the last 90 days
- Previous: 1 days earlier · The U.S. economy created fewer new jobs in 2025-26 than initially reported. Here’s how big the change is.
What happened
The federal government will control 55% of the company's effective output via equity ownership and oil production.
Summary assembled by rule from the sources below