Can Foreign Investment Save Venezuela’s Broken Oil Sector?
Published on: Wednesday 04 February 2026
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.
News source: https://oilprice.com/Energy/Energy-General/Can-Foreign-Investment-Save-Venezuelas-Broken-Oil-Sector.html