Venezuela opens for business, but investors weigh promise against reality Reforms to oil, mining and financial laws have accelerated since the fall of Maduro, but legal ambiguity, institutional weakness and unresolved questions over democracy are tempering enthusiasm among investors, Orinoco Research says.

Reforms to oil, mining and financial laws have accelerated since the fall of Maduro, but legal ambiguity, institutional weakness and unresolved questions over democracy are tempering enthusiasm among investors, Orinoco… Bne IntelliNews #Venezuela #Investing #Business #OilReform #EconomicGrowth

Venezuela's oil reform fails to lure US majors despite push for private investment Venezuela's interim government has fast-tracked changes to the country's hydrocarbon law in a bid to attract foreign capital to its battered oil industry, but major US producers remain reluctant to commit billions of dollars amid uncertainties.

Venezuela's interim government has fast-tracked changes to the country's hydrocarbon law in a bid to attract foreign capital to its battered oil industry, but major US producers remain reluctant to commit… Bne IntelliNews #Venezuela #OilReform #USInvestment #HydrocarbonLaw #ForeignInvestment