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World · Important news for 20 August 2026

World

U.S. oil companies sign initial deals with Venezuela following Maduro's capture

Fortune · NPR · Semafor

Following the capture of Nicolás Maduro, smaller private U.S. oil companies are starting to sign agreements and new contracts to operate in Venezuela, with Venezuelan officials visiting Houston.

  • Venezuela's oil minister and a state oil executive visited Houston.
  • New contracts were signed with U.S. oil companies.
  • Smaller U.S. oil producers are beginning to ink deals in Venezuela
  • Venezuela's oil minister reached out to U.S. companies regarding energy opportunities

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