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Delcy Rodriguez meets Repsol, Chevron and Shell as Venezuela pushes oil law overhaul to draw investment

Summary by Merco Press
Venezuela’s acting president Delcy Rodriguez met on Monday in Caracas with representatives of oil companies including Repsol, Chevron and Shell to discuss a hydrocarbons law reform now moving through the National Assembly, as her government seeks to attract private and foreign investment. The meeting took place at PDVSA facilities and forms part of a mandatory public consultation phase after the bill cleared its first legislative debate.

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The president in charge analyzes with oil companies her law reform to attract investment to Venezuela

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The president in charge of Venezuela, Delcy Rodríguez, has met with representatives of oil companies, including the Spanish Repsol, the US Chevron and the British Shell, to address the reform of the hydrocarbon law that the Parliament is discussing and with which her government seeks to attract private and foreign investments. The meeting, held in the facilities of the state oil company of Venezuela (PDVSA), in Caracas, is part of the public con…

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The president in charge of Venezuela, Delcy Rodríguez, highlighted on Monday that the partial reform of the Hydrocarbons Law, which would relax state control over oil operations, will create investment opportunities and offer legal certainty, while at the same time it will be “respectful” of the sovereignty of the South American country.

The president in charge of the Bolivarian Republic of Venezuela, Delcy Rodríguez, led on Monday 26 January the Public Consultation on the Partial Reform of the Organic Hydrocarbon Law, which to date has received 80 proposals from all sectors of the country. This was reported by the president of the Parliamentary Committee on Energy, the Venezuelan deputy Orlando Camacho, who from the headquarters of Pdvsa in Caracas took stock of the preliminary…

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DiarioVea broke the news in on Monday, January 26, 2026.
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