# PDVSA

Type: Company

Source: Climate Intelligence Brief — https://getclimatebrief.com/entity/pdvsa
Canonical HTML page: https://getclimatebrief.com/entity/pdvsa

## Timeline

- **2026-06-01**: Contractual Milestone — Anticipated deadline for the first wave of new joint venture agreements under the revised framework.
- **2026-03-25**: Miami Investment Summit — VP Delcy Rodríguez makes a rare U.S. appearance to court international energy majors.
- **2026-03-18**: U.S. Regulatory Shift — Washington issues a broad waiver effectively reopening the Venezuelan oil sector to U.S. participation.
- **2026 (estimated)**: First Gas Target — Projected date for the first commercial gas flows from Venezuelan waters to Trinidadian processing plants.
- **2024-Q3**: Technical Surveys — Subsea imaging and pipeline route assessments begin for the Dragon-to-Hibiscus link.
- **2023-12**: Dragon Field Agreement — Venezuela signs a 30-year license with Shell and NGC for gas exploration and production.
- **2023-01**: OFAC License Issued — US Treasury grants license for Trinidad to develop gas with Venezuela.

## Recent coverage (2 stories)

### Venezuela's Delcy Rodríguez Pitches Newly Opened Oil Sector to Miami Investors
2026-03-25 23:17:30 · Sentiment: Neutral · Impact: 6/10 · Sources: 2

Venezuelan Vice President Delcy Rodríguez made a landmark appearance at a Miami summit to court foreign investment for the nation's energy industry. The outreach follows a significant regulatory shift in Washington that has effectively reopened the Venezuelan oil sector to international participation.
Full story: https://getclimatebrief.com/story/venezuela-oil-sector-miami-summit-2026

### Venezuela’s Natural Gas: The Sleeping Giant of South American Energy
2026-03-08 05:17:29 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

Venezuela is increasingly pivoting toward its massive, untapped natural gas reserves, which hold the potential to rival its world-leading oil sector in strategic importance. With the seventh-largest gas reserves globally, the nation is seeking regional partnerships and sanctions relief to transform from an oil-dependent economy into a major regional gas exporter.
Full story: https://getclimatebrief.com/story/venezuela-natural-gas-potential-analysis

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