Venezuela's New Oil Rulebook Runs 29 Pages and Never Says PDVSA
8 Articles
8 Articles
The Venezuelan interim government is going to liberalize the country's oil sector. Venezuela possesses the largest oil reserves worldwide, but produces relatively little. "The market is being opened up to private companies," says BNR resident economist Han de Jong. "And in practice, that naturally means primarily: foreign companies."
Venezuela oil industry rebounds with reforms of socialist policies
Venezuela, as an oil-producing country, appears to be making its comeback as the Trump administration’s efforts to reform the country’s oil law come to fruition. The South American country appeared to take another big step in that effort this week when acting President Delcy Rodriguez signed regulations reforming Venezuela’s main oil law. Under the new...
Venezuela's New Oil Rulebook Runs 29 Pages and Never Says PDVSA
Energy Key Facts —The document. Venezuela published a 29-page regulation in its official gazette on Thursday, implementing the oil-law reform passed in January. —The omission. It does not mention Petróleos de Venezuela, the state company that has controlled the industry for decades, at any point. —The reach. Private firms may now operate from the wellhead […] The post Venezuela’s New Oil Rulebook Runs 29 Pages and Never Says PDVSA appeared first…
Venezuela Breaks Up Oil Monopoly Under Long-Awaited Regulations
Venezuela’s interim government published long-awaited oil regulations on Thursday that effectively end the decades-long control of national oil company Petróleos de Venezuela SA, or PDVSA, over the country’s lifeblood industry.
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
