PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 24.Mar.2026, Words: 187) — During a meeting with a multinational delegation of foreign and Venezuelan business leaders, Venezuela’s interim president Delcy Rodríguez detailed legal reforms undertaken to provide legal certainty, highlighting the changes to the Hydrocarbons Law based on the experience of the last 2 years.
Rodríguez cited the productive participation contracts (CPPs) as a success story, noting that they enabled Venezuela to secure $1bn to recover 200,000 barrels of oil.
