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Choose Venezuela: African Energy Chamber (AEC) Urges Global Investors to Back Country’s Energy Comeback

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Venezuela

As Venezuela reopens its energy sector following wide-ranging reforms, the AEC is calling on global companies to invest in the country, support its people and usher in a new era of investment

JOHANNESBURG, South Africa, July 20, 2026/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org), representing the voice of the African energy sector, is calling on global operators, financiers and technology providers to invest in Venezuela as the country reopens its energy sector and positions its vast hydrocarbon resources for renewed international development. Backed by a series of reforms and committed to long-term growth and global partnerships, the country is gearing up for its next energy phase – and now is the time to invest.

 

The AEC is proud to back the upcoming Venezuela Energy Week (VEW) Conference and Exhibition, recognizing the platform as a premier event for international investment as Venezuela accelerates the reopening of its energy sector. Taking place October 26-29 in Caracas, VEW convenes government leaders, international energy companies, financiers and technology firms to chart the next phase of the country’s energy development, reinforcing the country’s potential as a global energy supplier. The AEC will also join and support VEW’s global roadshow events, taking place July 30 in London and August 18 in Houston.

“Venezuela has reformed and demonstrated its commitment to global partnerships. Now we need to invest and work with its citizens to build the country, especially after the devastating earthquake. VEW signals a new era of energy investment for the country. With a goal to unlock billions of dollars’ worth of deals for the country, the conference is positioned to transform Venezuela’s energy sector,” states NJ Ayuk, Executive Chairman, AEC.

VEW signals a new era of energy investment for the country

Taking place with the full support of Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, VEW 2026 arrives at a critical juncture for the country. Home to the world’s largest proven oil reserves at over 300 billion barrels – as well as 195 trillion cubic feet of natural gas -, the country is embarking on a phased redevelopment strategy aimed at accelerating undeveloped mega-projects, reactivating shut-in wells and restoring production to up to 3 million barrels per day (bpd). These objectives are creating significant investment opportunities for operators and service providers alike, and VEW will connect companies to Venezuelan projects.

The country’s energy strategy is underpinned by regulatory reforms aimed at improving the investment environment. Recent hydrocarbon reforms include reduced fiscal burdens, expanded production-sharing mechanisms, strengthened arbitration protections and increased operational control for foreign operators. These moves reflect the government’s broader ambitions to attract capital across proven basins with significant upside. These include the Orinoco Belt and Maracaibo Basin, both of which have seen several international operators either return or expand their portfolios in recent months.

Shell is preparing for 2027 drilling at the Dragon offshore gas projects, bp entered the market in April through an agreement to develop the Cocuina-Manakin offshore gas field, while Repsol announced plans to increase production from its Venezuelan assets. Eni is relaunching a heavy crude project in the Orinoco Belt while Maurel & Prom is positioning itself as a strategic partner for assets such as Urdaneta Oeste. These moves showcase a market advancing toward its next phase of growth, demonstrating the potential for future investments.

Venezuela’s mid- and downstream markets are evolving in tandem. Vitol recently renewed its engagement with the country, while efforts to revitalize refining and gas monetization are creating new opportunities for both regional and international companies. Refining capacity of nearly 1.3 million bpd is currently operating at 35% utilization, highlighting immediate opportunities in refining rehabilitation and broader downstream expansion. With over $100 billion required to rehabilitate the country’s oil and gas sector, VEW will position Venezuelan projects at the forefront of the global investment agenda.

“Venezuela has one of the world’s largest hydrocarbon resource bases, and its re-engagement with international investors has the potential to reshape energy investment across Latin America. As regulatory conditions evolve and opportunities expand, the country’s must be increasingly backed by trade and investments that lift the people up,” Ayuk added.

For the AEC, the event reflects the type of investment-focused engagement needed to unlock large-scale energy development. By bringing together policymakers, operators and financiers under one roof, VEW provides a direct platform for companies evaluating market entry while supporting dialogue that translates policy reforms into commercial partnerships.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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