Energy

Ex-Credit Suisse Bankers Aim to Finance Venezuela Oil Revival

An oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela. — An oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela.Photographer: Bloomberg

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By Nicolle Yapur, Fabiola Zerpa, and Esteban Duarte

April 27, 2026 at 5:19 PM UTC

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A private-credit firm founded by former Credit Suisse bankers is seeking to finance Venezuela’s oil services sector, as one of the country’s largest energy conferences in decades draws investors back to Caracas.