Caracas, Jan 29, 2026 (AFP) - Venezuela opens oil industry to greater private investment

NAMPA / AFP

2026-01-29

Venezuela's parliament 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. MPs in the South American country adopted reforms to a hydrocarbons bill that roll back decades of tight state control over foreign investment in the sector. jt/cb/ksb ...

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