International Oil Companies Prepare to Expand in Venezuela Despite Operational Challenges

France24

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Acting President Delcy Rodríguez, who governs under strong pressure from Washington, promoted an opening of the sector to private capital, which aroused the interest of foreign companies. Following the capture of President Nicolás Maduro in January, Washington has managed and supervised agreements between U.S. companies and the interim government of Venezuela, a country with the largest proven crude reserves in the world. "All of Venezuela is a …

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Aporrea

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Global companies in the energy sector are preparing to operate in Venezuela, after the opening to private capital promoted by the interim government.The United States oversees agreements with foreign firms to exploit oil reserves, amid challenges such as the electricity crisis.

focoinformativo.site

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Representatives of international oil companies showed willingness on Tuesday in a forum to operate in Venezuela, in a new business climate under the protection of the United States, despite the operational challenges faced by the national industry. Interim President Delcy Rodríguez, promoted an opening of the sector to private capital, which awoke the [...] The entry International oil companies are preparing to expand in Venezuela despite the op…

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Representatives of multinational oil companies were willing on Tuesday (29) to operate in Venezuela in a new business environment under US supervision, despite the operational challenges faced by South American industry. Read more (09/30/2026)