What did Venezuela's acting president Delcy Rodriguez sign, and what is its stated purpose?

Venezuela's acting president Delcy Rodriguez signed regulations implementing a reform of Venezuela's main oil law — the Hydrocarbons Law — with the stated purpose of streamlining operations, updating rules, and attracting investment in the oil and gas sector.

When was the Hydrocarbons Law reform approved by lawmakers, and what historical context does the news provide for it?

Lawmakers approved the reform to the Hydrocarbons Law in late January, following 20 years of strict nationalization and expropriation of assets previously owned by foreign companies.

Venezuela's Rodriguez Signs Oil and Gas Reform Framework

Jul 8, 2026

Venezuela's acting president signed regulations implementing an oil law reform aimed at streamlining operations and attracting investment, following legislative approval after two decades of strict nationalization.

reuters

2026-07-08

Venezuela's Rodriguez Signs Oil and Gas Reform Framework

Venezuela's Rodriguez Signs Oil and Gas Reform Framework

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