>>765070Venezuela has a great deal. Hydrocarbon reform was already happening before maduro was kidnapped, becahse hydrocarbon reform is first step to socialist modernization. The hydrocarbons law regulates the exploration, extraction, transportation and use of hydrocarbons, among other activities, adhering to the principles of energy sovereignty, state ownership of hydrocarbon reserves and environmental protection.
The reform seeks to strengthen the national oil industry through new participation schemes, allowing primary activities under state control while maintaining majority state ownership with the participation of public and private companies.
https://pandectasdigital.blogspot.com/2026/01/ley-organica-de-hidrocarburos.html?m=1Study hydrocarbon reform law.