Ali Moshiri seeks to invest in Venezuela's oil sector, but PDVSA is slowing down his plans amid Trump's push for energy revival.
1 report, 1 independent
Updated Sep 19
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What happened
Ali Moshiri seeks to invest in Venezuela's oil sector, but PDVSA is slowing down his plans amid Trump's push for energy revival.
Who's involved
What this event is mainly aboutKeep exploring
Part of
SLB is partnering with PDVSA for oil sector modernization in Venezuela, while Trump encourages major investments in the country's energy sector.Also in this story
- Halliburton is repositioning operations and posting technical sales roles for upstream revival in Venezuela.
- Trump administration publishes General License 62 amid dispute resolution discussions involving Caracas and Singapore.
- Hunt Oil Company and SLB signed new production deals with Venezuela on August 19, 2026.
- Trump commented on the thriving US-Venezuela relationship, noting OPEC production increases and US Treasury monitoring of oil shipments.
The entities involved
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Venezuela
Country in Latin America
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PDVSA
Venezuelan government-owned oil company
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)