Venezuela’s recent overhaul of its decades-old hydrocarbons laws could help revive oil production and improve transparency, though key legal and structural risks remain, economists and industry advisers say ... .
Vitol has separately scheduled three naphtha cargoes to be delivered to Venezuela’s state company PDVSA between February 22 and March 3, according to a shipping plan seen by Reuters ... PDVSA, ...
Experts meeting in Miami say Venezuela’s vast energy potential is drawing investor interest, but warn that political stability and legal certainty remain major obstacles ... .
Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run company PDVSA... contracts with PDVSA for new investments in Venezuelan oil and gas.
(PDVSA) ... For years afterward, PDVSA operated with significant autonomy and technical competence, maintaining ties with foreign firms and continuing to develop its industry. The politicization of PDVSA, however, proved fatal for it.