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"Venezuela Has a Lot More Oil": Toro Hardy Points to Fracking as a Key to Real Potential

Summary by EL NACIONAL
The former director of Pdvsa said that the country would have been agreed that leading companies in the sector, such as ExxonMobil and ConocoPhillips, would enter to boost the recovery of the industry, but have avoided investing in political and judicial risks. He considers that it was first necessary to go to a democratization process to move towards an oil agreement with the United States.
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The former director of Pdvsa said that the country would have been agreed that leading companies in the sector, such as ExxonMobil and ConocoPhillips, would enter to boost the recovery of the industry, but have avoided investing in political and judicial risks. He considers that it was first necessary to go to a democratization process to move towards an oil agreement with the United States.

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EL NACIONAL broke the news on Friday, September 4, 2026.
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