Venezuela: Why US oil investors are returning

Following Washington’s recognition of Venezuela’s interim government, US oil companies are also showing interest in investing in the Latin American country. In addition, the mining sector is coming into the spotlight.

FM
15. April 2026
Venezuelas größte Ölraffinerie in Paraguana im März 2023.
Venezuela’s largest oil refinery in Paraguana in March 2023. (picture alliance / NurPhoto | Eyepix)

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Last updated: 15. April 2026