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Venezuela’s National Assembly to Discuss Sweetened Oil Reform on Thursday - Energy News, Top Headlines, Commentaries, Features & Events

Summary
(Reuters) – Lawmakers are expected to discuss on Thursday a sweetened reform of Venezuela’s main oil after a proposal submitted by interim President Delcy Rodriguez was modified to introduce a new hydrocarbon tax, the possibility of asset privatizations and oilfield operation outsourcing, a draft seen by Reuters showed. The changes are expected to encourage oil ...
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Energy News for the United States Oil & Gas Industry | EnergyNow.comEnergy News for the United States Oil & Gas Industry | EnergyNow.com

US Eases Sanctions on Venezuelan Oil Industry - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – The Trump administration on Thursday eased some sanctions on the Venezuelan oil industry as it seeks to expand production there after U.S. forces ousted the South American country’s President Nicolas Maduro on January 3. The U.S. Treasury issued a general license authorizing transactions involving the government of Venezuela and state oil company PDVSA ...

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Energy News for the United States Oil & Gas Industry | EnergyNow.com broke the news in on Thursday, January 29, 2026.
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