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Venezuela Moves to Rewrite Oil Law as PDVSA’s Corruption Hangover Lingers

Venezuela is moving to formalize oil-sector reforms that would expand partnership-style contracts and loosen PDVSA’s control over new investment, according to comments from the country’s top lawmaker on Tuesday.

Venezuela is moving to formalize oil-sector reforms that would expand partnership-style contracts and loosen PDVSA’s control over new investment, according to comments from the country’s top lawmaker on Tuesday.
On Tuesday, National Assembly presiden… [2320 chars]

Source: OilPrice | Published: 2026-01-20T21:53:00Z

Credit: OilPrice

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