politics
enero 29, 2026
AN chavista aprobó reforma de la Ley de Hidrocarburos para intentar atraer inversión extranjera
El Parlamento de Venezuela, controlado por el chavismo, aprobó este jueves por unanimidad la reforma de la Ley Orgánica de Hidrocarburos impulsada por Delcy […]
TL;DR
- The Venezuelan parliament approved reforms to the Organic Hydrocarbons Law.
- The reform aims to incentivize private and foreign investment in the oil sector.
- Changes allow private participation in primary oil activities and foreign investment.
- Dispute resolution mechanisms, including mediation and arbitration, are now possible.
- The reform follows US President Donald Trump's stated intentions to revitalize Venezuelan infrastructure.
- The US has a $500 million agreement with Caracas, with plans for American companies to invest $100 billion.
- Official figures show crude oil production reached 1.081 million barrels per day in 2025, showing five consecutive years of growth since 2021.