Venezuela moves to open up oil sector, a key Trump demand

Venezuela moves to open up oil sector, a key Trump demand

Read: 3 min Venezuelan lawmakers on Thursday gave their initial backing to plans to throw open the oil sector to private investors, paving the way for the return of U.S. energy majors — a key demand of President Donald Trump. Less than three weeks after the U.S. ouster of Nicolas Maduro, MPs endorsed on first reading a bill allowing private companies to independently engage in oil exploration and extraction. If adopted on a second reading, the b…