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Several independent US oil producers are expected to sign production contracts with Venezuelan state-owned oil company PDVSA on Tuesday. Three people familiar with the matter revealed that the signing ceremony is scheduled to be held in Houston on Tuesday evening. This series of agreements may mark a significant increase in US energy participation in Venezuela.

Zhitongcaijing·08/18/2026 19:09:05
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Several independent US oil producers are expected to sign production contracts with Venezuelan state-owned oil company PDVSA on Tuesday. Three people familiar with the matter revealed that the signing ceremony is scheduled to be held in Houston on Tuesday evening. This series of agreements may mark a significant increase in US energy participation in Venezuela.