# Venezuela’s oil industry struggles to attract US investment after Maduro’s removal

https://mins.news/en/video/22331

- Al Jazeera English, 2026-08-14 15:40 UTC
- Economy
- Original: https://www.youtube.com/watch?v=nLpcSOKtsbE

> Venezuela has some of the world’s largest proven oil reserves, but much of its oil industry is in disrepair. After Nicolas Maduro’s removal, Washington eased some energy restrictions and the interim government sought more foreign investment, yet no major US reconstruction projects have come online.

## Related coverage

- [BP to develop offshore gasfield in Venezuela with firms linked to Trump administration](https://mins.news/en/item/22227) — The Guardian, 2026-08-14
- [How much power does the US hold in Venezuela?](https://mins.news/en/item/21839) — Al Jazeera, 2026-08-14
