Venezuela's Rodriguez Signs Oil and Gas Reform Framework
14 Articles
14 Articles
The regulation sets in motion the reform approved in January, expands the participation of private companies, introduces new guarantees for investors and modifies the legal framework that governed oil activity for more than two decades
The normative instrument seeks to transform developing reserves to consolidate the energy power of the South American country.
Venezuela's President-in-Charge, Delcy Rodríguez, promulgated Wednesday's partial reform of the hydrocarbon law that significantly reduced the rigid state control that has been in place over the past two decades.
The president in charge of Venezuela, Delcy Rodríguez, signed the regulation implementing the Hydrocarbons Law. The document contains the precise aspects to apply the Hydrocarbons Law, which was approved in January.With the signing of the regulation, the government said that this measure seeks to speed up operations, update regulations and attract investment to the oil and gas sector. "This regulation that adapts to the new Organic Hydrocarbon L…
teleSUR, Latin American Summary, July 8, 2026. The president in charge of the Bolivarian Republic of Venezuela, Delcy Rodríguez, signed the new regulation of the Organic Hydrocarbon Law with the aim of reconfiguring the operational and financial scenario of the national energy. The legal instrument seeks to update the normative framework of the oil and gas industry for [...] La entrada Venezuela. Presidente (E) Delcy Rodríguez signed new regulat…
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