Caracas says it’s opening up the sector to personal gamers.
It began with a direct US assault on Venezuela earlier this month.
Again then, US President Donald Trump made it clear that he was solely within the nation’s substantial oil reserves.
On Thursday, the federal government in Caracas introduced an enormous overhaul of the petroleum sector.
Venezuela’s interim president has signed a legislation easing state management and opening the door for personal corporations to put money into the nation.
For a lot of, it paves the best way for US oil giants to return to Venezuela with vital investments.
However who will stand to achieve from the adjustments, Venezuela or the US? Or each?
Presenter: Adrian Finighan
Visitors
Elias Ferrer – founder and director of Orinoco Analysis
Andrew Lipow – president of Lipow Oil Associates
Phil Gunson – senior analyst on the Worldwide Disaster Group
Printed On 31 Jan 2026
