Chris Wright lands in Caracas as Venezuela backs the oil deal
US Energy Secretary Chris Wright landed in Venezuela late on 1 September as the National Assembly backed the oil deal. Signing was set for the next day.
Politics correspondent
United States desk
Sienna Brook covers the United States desk, with 25 stories on Washington, energy policy and federal politics. Much of the beat is nuclear power and fuel, from Army microreactors to the NRC, along with the end of the LNG export pause and the Venezuela oil deal. Brook has also covered the White House press lawsuit and help for student loan borrowers in default.
US Energy Secretary Chris Wright landed in Venezuela late on 1 September as the National Assembly backed the oil deal. Signing was set for the next day.
Trump's Venezuela oil deal gives the Pentagon a 35% stake in the parent of operator NABEP, the White House says, plus access to 20% of its oil at cost.
President Trump says Venezuelan crude will refill the Strategic Petroleum Reserve, which held about 290 million barrels on 21 August.
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The Energy Department ended the Biden-era pause on LNG export applications on 20 January 2025. Commonwealth LNG got the first post-pause license.
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TRISO-X has started interior work at its TX-1 nuclear fuel plant in Oak Ridge, which is designed to make 700,000 fuel pebbles a year.
Janus microreactors will be licensed by the Army Reactor Office, not the NRC, on a defense-only path built to line up later commercial approvals.
Five Army posts from Bragg to Drum will host commercial microreactors, with vendors named and a 2028 clock.
The Army's Janus program has picked five companies to build and run microreactors at military posts, with up to $2.2 billion from fiscal 2027 to 2031.
The White House's 2026 Economic Report backs faster nuclear and more LNG. It says reactor approvals already take a year, down from over a decade.