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Venezuela , Sunday 19 April 2026

Can Foreign Investment Save Venezuela’s Broken Oil Sector?

Published on: Wednesday 04 February 2026

Can Foreign Investment Save Venezuela’s Broken Oil Sector? Venezuela’s move to end PDVSA’s monopoly and reopen its oil industry to foreign investment marks a major political shift, but high costs, decaying infrastructure, and heavy-crude economics continue to deter most international energy companies.



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