Caracas. Venezuela's National Assembly approved sweeping changes to the country's oillaws, granting foreign energy companies greater operational control .......
29, Venezuela’s National Assembly passed an amendment to the Hydrocarbons Law, the main framework regulating every aspect of the oil industry, from exploration and ......
Venezuela has approved a new law opening the nation’s oil sector to private companies again ... Shortly after the Venezuelan law was being passed, the Treasury Department also began easing sanctions on Venezuelan oil that were put in place during the first Trump administration and expanded the ability for U.S....
Venezuela's National Assembly approved in its first discussion a partial reform of the OrganicLaw on Hydrocarbons ... Initially presented by Rodriguez last week, the reform is poised to fundamentally restructure the backbone of the nation's oil industry ... The draftlaw seeks to ......
Venezuela's National Assembly approved in its first discussion a partial reform of the OrganicLaw on Hydrocarbons ... Initially presented by Rodriguez last week, the reform is poised to fundamentally restructure the backbone of the nation's oil industry ... The draftlaw seeks to ......
The bill also proposes repealing the law that reserves ancillary services related to primary oil activities for the state, allowing private companies to subcontract oil extraction, provided they assume the associated costs and risks ... “This law is a law of ambiguity, designed to avoid openly breaking with Chavez’s oil legacy,” Guerra said....