Venezuela signs new contracts to supply oil to the US market

Published at: 03/03/2026 10:30 PM

The president of Petroleos de Venezuela (PDVSA), Héctor Obregón, announced a statement on his telegram channel on Tuesday stating that Venezuela is strengthening its energy presence with new supply contracts to the US market.

It is indicated that the state company “has signed supply contracts with companies trading oil and derivatives destined for the United States market, thus maintaining its historic commercial relationship to guarantee supply.”

The following is the text of the press release:

Venezuela reinforces its energy presence with new supply contracts to the US market

PDVSA has signed supply contracts with companies trading oil and derivatives destined for the United States market, thus maintaining its historic business relationship to guarantee supply.

Venezuela reaffirms its commitment to the stability of the international energy market and affirms itself as a reliable supplier, contributing to the balance necessary to guarantee global energy security.

The Venezuelan nation reiterates the need for a hydrocarbon industry free of sanctions, to boost domestic production and strengthen international trade.

Caracas, March 3, 2026.

Mazo News Team