Oil Industry News
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Venezuela's acting president signs oil industry overhaul, easing state control to lure investors
CARACAS, Venezuela -- Venezuela's acting President Delcy Rodríguez on Thursday signed a law that opens the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more…
Venezuelan lawmakers approve easing state control of oil industry
Getting your Trinity Audio player ready... CARACAS, Venezuela (AP) — Venezuela's legislature on Thursday approved opening the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled…
Venezuelan lawmakers approve new law opening oil industry to foreign companies
Venezuelan lawmakers have approved a law change that will make it easier for foreign companies to take part in the country's oil industry, in a move by Caracas to meet the demands of US President Donald Trump.
Venezuela opens up oil industry to private investment, in line with US demands
Venezuela's legislature on Thursday adopted a bill that throws its oil industry open to private investors, in line with US demands following the toppling of leader Nicolas Maduro. Lawmakers in the South American country adopted reforms to a…
Venezuela's acting president signs overhaul easing state control of oil industry into law
CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodríguez on Thursday signed a law that will open the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the…
Venezuelan lawmakers approve easing state control of oil industry
Venezuela's legislature on Thursday approved opening the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. The National Assembly approved the…
Trump administration eases sanctions on Venezuelan oil industry after Maduro's capture
The Trump administration announced Thursday it was easing sanctions on the Venezuelan oil industry, as the U.S. aims to ramp up production in the South American country following the capture of dictator Nicolás Maduro earlier this month. The…
Venezuelan lawmakers approve easing state control of oil industry
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Mexico's oil industry faces new pressures from Venezuela oil under US
Monterrey, Mexico: For more than 30 years, Dagoberto Ramos worked at Pemex, Mexico's state-owned oil company, at one of its petrochemical complexes in the energy hub of Coatzacoalcos, Veracruz. Ten years ago, the specialist in ethylene production…
Venezuelan lawmakers approve easing state control of oil industry
Venezuela's legislature has approved opening the nation's oil sector to privatization. This decision reverses a key principle of the socialist movement that has ruled for over two decades. The National Assembly approved the energy industry law…
Venezuela Eases Decades Of State Dominance On Oil Industry, Opens Door For Privatisation In Major Overhaul
Venezuela's acting President Delcy Rodríguez on Thursday signed a law that will open the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades.
Venezuelan lawmakers approve easing state control of oil industry
Venezuelan lawmakers approve easing state control of oil industry The Energy Department said today the only oil going in and out of Venezuela will be that that goes through *** US approved channel, and we are hearing administration officials from…
Venezuela's acting president signs oil industry overhaul, easing state control to lure investors
CARACAS, Venezuela (AP) — Venezuela's government on Thursday approved opening the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. The…
Venezuelan lawmakers approve easing state control of oil industry
CARACAS, Venezuela(AP) — Venezuela's legislature on Thursday approved opening the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. The…
Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector
Venezuela's National Assembly on Thursday approved a sweeping overhaul of legislation governing the oil industry, granting foreign oil companies greater control over operations and potentially slashing the royalties they pay to the government. The…
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