Venezuela Deepens Its Strategic Alliance to Boost Hydrocarbon Development
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Between 2023 and 2025, foreign investment in mining and oil fell by 34%, to approximately $6.9 billion.
Venezuela is making a deliberate return to hydrocarbon production and development as sector reforms create new opportunities for regional and international energy companies seeking high returns in one of the world's largest oil and gas basins. Meetings this week between acting President Delcy Rodríguez and the African Energy Chamber (AEC) reinforced their shared commitment to accelerating investment, strengthening strategic partnerships, and adv…
The meeting was attended by the Minister of Hydrocarbons, Paula Henao; the president of the state oil company Pdvsa, Héctor Obregón, while for the AEC it was its president, NJ Ayuk, and other authorities. The post government of Delcy Rodríguez evaluates oil alliances with the African Chamber of Energy appeared first on THE NATIONAL.
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