US EditionPartial Reform of the Venezuelan Hydrocarbons Law: An Analytical Review
8 Articles
8 Articles
The country approved a major reform of the oil legislation.
Partial Reform of the Venezuelan Hydrocarbons Law: An Analytical Review
By Misión Verdad – Feb 3, 2026 The partial reform of the Organic Hydrocarbons Law (LOH) is at the center of the debate in Venezuela, given that, from various angles of politics, a set of interpretations of the text have been made, in many cases through political biases and deliberate misrepresentations. The approved text is a reform that builds upon the basic law presented in 2002 by then-President Hugo Chávez through enabling powers to legislat…
The partial reform of the Organic Hydrocarbon Law (LOH) is at the center of the debate in Venezuela, since, from different angles of politics, a set of interpretations of the text have been made, in many cases through political biases and deliberate misrepresentations. The approved text is a reform that is erected on the basis law promulgated in 2002 by then President Hugo Chávez through enabling powers to legislate. Then, in 2006, the LOH was a…
Venezuela's acting president, Delcy Rodriguez, met with executives from two foreign oil companies, Spain's Repsol and France's Maurel & Prom, on Wednesday, in the wake of a drastic change to the legal framework for the exploitation of hydrocarbons in the Latin American country's subsoil. The president "met" with executives from Repsol "in order to strengthen the country's energy sovereignty, with respect and mutually beneficial cooperation" as w…
Venezuela: President meets with leaders of foreign oil companies Admin FCE 05 Feb 2026 - 03:47 Venezuela's interim president met Wednesday with leaders of Spanish oil companies Repsol and French Maurel & Prom, in the wake of the reform of the hydrocarbon law, one month after the capture of Nicolas Maduro by the United States.Delcy Rodriguez "had a meeting" with officials of Repsol "in order to strengthen the country's energy sovereignty in respe…
During statements transmitted by Venezolana de Televisión (VTV), and after one month of the US military intervention, the president in charge of the Republic, Delcy Rodríguez, highlighted the advances in national oil policy following the reform of the Organic Hydrocarbon Law. The president pointed out that the new legal framework also points to the development of virgin fields and the strengthening of legal security in the energy sector. Rodrígu…
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