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Unwanted in the U.S., old oil equipment finds a new home in Venezuela

Summary by BizToc
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Under the suffocating heat of Humble, Texas—outside Houston—two workers leveled a land with heavy compactor rollers to make space for second-hand U.S. oil teams and acquired at auction, destined for an expected resurgence of the oil industry in Venezuela, Reuters reports. At one end of the enclosure is located [...] Entry Reuters Second-hand oil equipment are acquired to reactivate the Venezuelan hydrocarbon industry was first published in Hisp…

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Under the suffocating heat of Humble, Texas, on the outskirts of Houston, two workers leveled a land with heavy compacting rollers, preparing space for used equipment and purchased at auctions in the United States, destined for an expected recovery of Venezuela's oil industry. At the end of the land, a heavy, worn and rusty commercial truck, covered with dirt, drew attention.

·Rio de Janeiro, Brazil
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One of the concerns of the oil sector is the reliability of second-hand and auctioned implements, often with thousands of hours of use and without guarantee The post Reuters: Old, unwanted oil equipment in the US, find new home in Venezuela appeared first on El Carabobeño.

In December 2025, the interim government of Delcy Rodríguez bought a tractor truck for $24,000 at auction after amassing 5,551 hours of operation and more than 140,000 miles of travel.

News to the Day and to the Hour Latest News of today Oil equipment used and acquired in auctions of the United States began to be sent to Venezuela in response to the expectations of recovery of the oil industry,... The news U.S. oil equipment arrives in Venezuela in anticipation of recovery was first published in News to the Day and to the Hour Latest News of today

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BizToc broke the news on Monday, September 14, 2026.
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