VENEZUELA · ENERGY
Key Facts
—The announcement: Acting president Delcy Rodríguez said new foreign oil firms will arrive in Venezuela “in the next few weeks,” speaking from the petroleum state of Anzoátegui on state TV channel VTV.
—Production figure: Caracas claims output has stabilized at 1.2 million barrels per day, with a target of adding another 400,000 by year-end 2026.
—Authorized players: Chevron, Shell, BP, Italy’s Eni and Spain’s Repsol hold OFAC general licenses issued February 13, 2026, to resume oil and gas operations with PDVSA.
