BOGOTÁ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 23.Aug.2026, Words: 227) — 90 years after the founding of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), it is clear despite efforts by various governments to strengthen it, none have succeeded in institutionalizing the national oil company (NOC).
This, has left the NOC at the mercy of the different political organizations in power, according to Raúl Velásquez, an analyst at the Jubileo Foundation.