ConocoPhillips Warns that Venezuela Needs “Real Stability” and Fiscal Rules to Attract Oil Investment
4 Articles
4 Articles
It could take at least a decade and tens of billions of dollars in investment for Venezuela to recover its oil industry and get closer to the levels of crude oil production it had years ago, said Helen Currie, chief economist at ConocoPhillips, in a conference, according to Reuters. The “stability [...] La entrada ConocoPhillips warns that Venezuela needs “real stability” and fiscal rules to attract oil investment was first published in Hispanic…
The recovery of the Venezuelan oil industry to reach the volume of production that consolidated it as a relevant actor on a global scale will take a prolonged period of time, estimated at at least ten years, and will demand multilateral investments for tens of billions of dollars. Helen Currie, chief economist of [...] La entrada Why does ConocoPhillips calculate that Venezuela's oil recovery will take at least 10 years? it was first published i…
Experts warn that beyond the reconstruction of a seriously damaged infrastructure, as indicated by the EIA, the return to historical levels of production depends on the creation of a sound legal framework, real stability and transparent fiscal conditions.
The economist, head of the energy company ConocoPhillips, Helen Currie, said on Tuesday, October 6, 2026, that Venezuela will require "a long term" to recover and reach the magnitude of the world oil producer that was years ago. "Venezuela needs a long term to recover and reach the volume and magnitude of the producer [...] The entry ConocoPhillips: Venezuela might need a decade to recover its oil industry was first published in Information Focu…
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