US oil companies advance tangible deals in Venezuela

Semafor · NPR · Fortune · first seen 20.08.2026 · updated 20.08.2026

International oil companies are making concrete headway and locking in deals in Venezuela following months of slow progress.

US oil companies are moving from MOUs to tangible deals in Venezuela.

Sources

Semafor — US oil companies lock in Venezuela deals
NPR — U.S. oil companies sign some of the first deals with Venezuela since Maduro's capture
Fortune — Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’

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