HOUSTON, TEXAS  (By Pietro D. Pitts, Editores LatinPetroleum, 26.May.2026, Words: 127) — The recent signing of oil contracts in Venezuela with International oil companies (IOCs) from US’ Chevron Corporation to Italy’s ENI is a key step for the OPEC country’s development, made possible, in part, by the reform of its hydrocarbons … Continue reading ANALYSIS: IOCs facing fewer restrictions in Venezuela, but more reforms needed