February 4, 2026–Written by Daniel Graeber for IIR Energy Intelligence (Sugar Land, Texas)–Data from IIR Energy show the Venezuelan oil refining capacity is just more than 750,000 barrels per day (BBL/d), as reports continue to circulate about the sector’s rapid recovery.
There have been few signs of problems in the Venezuelan oil sector since U.S. military forces seized Venezuelan President Nicolas Maduro and his wife from their compound in Caracas in early January.
