Negotiating Oil Deal: PDVSA's Talks with the U.S.

Venezuela's state-run oil company PDVSA is in discussions with the United States regarding oil sales. These negotiations are focused on setting terms similar to existing agreements with other foreign partners. PDVSA emphasizes that these transactions are commercial, legal, transparent, and mutually beneficial.


Devdiscourse News Desk | Caracas | Updated: 08-01-2026 00:16 IST | Created: 08-01-2026 00:16 IST
Negotiating Oil Deal: PDVSA's Talks with the U.S.
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  • Country:
  • Venezuela

Venezuela's PDVSA is advancing talks with the U.S. for oil sales, mirroring existing contracts with foreign partners such as Chevron.

The company assured that these engagements reflect strictly commercial dealings intended to guarantee legality, transparency, and mutual benefit.

Discussions prioritize replicating proven successful terms.

(With inputs from agencies.)

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