Saturday, June 13, 2026
Petrobras sends production team to Venezuela despite looming oil sanctions- oil and gas 360

Petrobras sends production team to Venezuela despite looming oil sanctions

World Oil (Bloomberg) – Brazilian state-controlled oil giant Petrobras sent a team of production specialists to Venezuela at the request of Nicolás Maduro, whose administration is welcoming oil majors despite U.S. sanctions threats on its oil industry. The Petrobras delegation visited oil fields in Lake Maracaibo this week in what people familiar with the matter described as a courtesy trip.