Venezuela Signals a Historic Energy Reset as Oil Laws Open to Foreign Capital ...Middle East

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Venezuela Signals a Historic Energy Reset as Oil Laws Open to Foreign Capital
source : OILPRICE ( Middle East ) () 32
Venezuela is edging toward what could become the most consequential energy shift in a generation. Interim President Delcy Rodriguez reportedly met with senior international oil executives this week at a PDVSA facility, as the government opens consultations on a partial reform of the country’s Organic Hydrocarbons Law. The proposed changes, now moving through Venezuela’s National Assembly, would fundamentally reshape the fiscal and contractual rules governing the country’s oil and gas sectors.  While the state would retain…

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