Oil Companies Join a New Wave of Contracts in Venezuela During Chris Wright’s Visit
Chevron announced, during the visit of Secretary of Energy Chris Wright, an investment of over $7 billion to more than double its production in the country.
Chevron announced, during the visit of Secretary of Energy Chris Wright, an investment of over $7 billion to more than double its production in the country.
On August 31, the White House issued a statement with key data on the agreement between the two countries and North American Blue Energy Partners.
Jovanny Martínez, executive vice president of PDVSA, and Hunter L. Hunt, president of Hunt Oil, signed an oil production contract during the IMAGE 2026 conference in Houston, Texas.
The Department of the Treasury announced updates on its offensive against the ICC and the new configuration of the oil industry in Venezuela.
The two recent rulings on labor lawsuits against Halliburton and the seizure of its assets create a new jurisprudential framework in Venezuela’s oil industry.
Four distinct profiles —two Republicans close to the pro-Israel lobby, a veteran political operator, and a progressive Democrat critical of sanctions— make up the first House of Representatives mission to set foot in Caracas since diplomatic relations were restored.
Today, the demand of one country is beginning to play an equally important role in the oil market: China.
On July 8, an Argentine company with a presence in Venezuela, Aldyl Energía, unloaded four Drillmec rigs at the port of Guanta in Anzoátegui.
The Venezuelan government has finally published the regulations for the Hydrocarbons Law, clarifying several rules for the country’s most important industry.
The Venezuelan government has signed a memorandum of understanding with U.S.-based General Electric Vernova (GE Vernova) to support the recovery and modernization of the National Electric System (SEN).