U.S. administration says it will review and approve proposed investment contracts with Venezuela

Timeline

1. Scheduled follow-up · Jun 13, 2026
2. Completion due · Jun 13, 2026
3. Update · Feb 14, 2026, 06:24 AMin_progress
   Claim restatement: The Trump Administration said it would review proposed contracts with Venezuela for approval to ensure they advance both American and Venezuelan interests, with reviews to be conducted after new sanctions licenses were issued. Progress evidence: A State Department press release (Feb 13, 2026) outlines multiple OFAC general licenses in early February to enable U.S. firms to engage with Venezuela’s oil sector, and states that the Administration will subsequently review for approval the proposed contracts to ensure benefits to both peoples. Current status: Public records describe licensing steps and policy framing but no documented final approvals or rejections of specific contracts beyond general licenses; the completion condition—contract-level approvals—has not been publicly fulfilled yet. Source reliability note: The information comes from official U.S. government channels (State Department) and corroborating White House materials, which provide authoritative policy context though do not enumerate contract-by-contract outcomes.
   • https://www.state.gov/releases/office-of-the-spokesperson/2026/02/actions-to-implement-president-trumps-vision-for-venezuelan-oil/
4. Update · Feb 14, 2026, 04:12 AMin_progress
   Claim restatement: The article asserts that the Trump Administration will review proposed contracts with Venezuela to ensure they advance the interests of both the American and Venezuelan people. Evidence shows the administration has begun implementing this approach through multiple general licenses that enable investment in Venezuela’s oil sector, with a stated mechanism to review contingent contracts for alignment with U.S. and Venezuelan interests (State Dept, 2026-02-13). As of the published update, these licenses have already been issued (GL 46, GL 47, GL 48, GL 49, GL 50) and the policy framework includes a review step for proposed contracts before approval. The completion condition—formal approvals or rejections of proposed contracts based on advancing shared interests—has not yet been publicly fulfilled, as the policy describes ongoing or subsequent reviews rather than final determinations (State Dept, 2026-02-13).
   • https://www.state.gov/releases/office-of-the-spokesperson/2026/02/actions-to-implement-president-trumps-vision-for-venezuelan-oil/
5. Update · Feb 14, 2026, 02:47 AMin_progress
   Restated claim: The article states that the Trump Administration will later review proposed contracts with Venezuela and approve or reject them to ensure they advance the interests of the American and Venezuelan people. Evidence of progress: The State Department note confirms several general licenses issued by OFAC in late January to early February 2026, enabling U.S. and allied firms to participate in Venezuela’s oil sector, with conditions and oversight. It also states that the Administration will review proposed contracts to ensure they advance U.S. and Venezuelan interests, signaling a process is underway rather than a final completion. Current completion status: As of the published piece (Feb 13, 2026), the licenses and stated policy actions are in motion, but there is no public record within the article of final approvals or rejections for specific contracts. The text frames the reviews as forthcoming steps tied to ongoing licensing actions and investments. Dates and milestones: Key milestones cited include OFAC general licenses GL 46 (Jan 29), GL 47 (Feb 3), GL 48 (Feb 10), GL 50 and GL 49 (Feb 13), with the stated conditional review of contracts to advance interests. The document implies a continuing process of approvals rather than a completed set of contract decisions. Source reliability: The primary source is the U.S. Department of State press release, which provides official policy language and licensing actions; these are high-quality, government-sourced materials.
   • https://www.state.gov/releases/preview/667081/
6. Original article · Feb 13, 2026
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