Venezuelanalysis

📰 NEWS | Venezuela: BP, Eni Strike Natural Gas, Heavy Crude Deals Under Reformed Hydrocarbon Law Venezuela has signed new energy agreements with Eni and BP to advance in respective extra-heavy crude and natural gas projects. The agreements fall under a reformed Hydrocarbon Law that permits foreign partners to manage operations, benefit from reduced fiscal terms, and access international arbitration. The reform marks a shift from the previous framework where PDVSA held exclusive operational control. Other companies, including Chevron, Repsol, and Shell, have also signed new deals under the revised legislation. Read the full report here 👉https://shorturl.at/avnOo #BP#Eni#OrinocoOilBelt#PDVSA