China demands protection of its interests in Venezuela after oil agreement with the USA
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China demands protection of its interests in Venezuela after oil agreement with the USA

Jornal de Negócios1 September 2026 at 08:30

China demanded protection for its interests in Venezuela after an oil agreement between Caracas and the United States. This demand comes in a context of geopolitical tensions related to the Venezuelan energy sector.

China has maintained important interests in the Venezuelan oil sector for several years. Chinese state-owned companies such as CNPC (China National Petroleum Corporation) and Sinopec participated in exploration and production projects in the South American country.

These Chinese companies have been investing significantly in Venezuela, particularly in the Orinoco region, where large heavy oil reserves are found. Chinese investments in the Venezuelan oil sector are part of a broader strategy by Beijing to ensure access to energy resources around the world.

The request for protection of Chinese interests comes at a time when Venezuela is seeking to diversify its international relations in the energy sector, including possible agreements with the United States, which may represent a challenge to China's position in the country.

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