Venezuela will host its largest international energy investment summit from October 26–29 in Caracas, bringing together US, Venezuelan and international oil companies, investors, financiers and technical service providers to advance near-term investment opportunities across the country’s reopening energy sector.
Egypt will repay $1.3 billion in arrears to international oil companies by June, accelerating its schedule. The country owed about $6.1 billion by mid-2024 due to foreign currency shortages affecting payments, investment, and gas production.