No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Late Billionaire’s Heirs Claims Venezuela Seized Oil Assets

Tuesday, August 18, 2026


The estate of Oswaldo Cisneros filed a claim that the Venezuelan government seized oil-drilling rights previously held by Cisneros entities and transferred them to a United States company. No date, specific oil assets, or US company name were provided in available reports. The claim status and any Venezuelan government response were not detailed.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-18/late-billionaire-s-heirs-claims-venezuela-seized-oil-assets

Next story

Texas Grid Predicts Record Demand as Heat Rises, Wind Power Sags