🇻🇪 Oil companies prepare to expand in Venezuela despite operational challenges
Executives from oil companies such as Repsol, Siemens AG, Hunt Oil Co, Maurel & Prom, and UCC Holding analyzed the strengths and weaknesses of Venezuela's oil sector. Overall, optimism prevails.
🔗 Banking and Business
All pending for 2027, and yes, that year could be a very interesting year of growth for Venezuela, but it won't happen on inertia.
The key will be how much we manage to increase oil production, attract private investment, stabilize prices and the exchange rate, and also recover production capacity and strengthen institutions. Quite a challenge.
Oil will open the door, but the quality of the reforms and how the company will prepare to take advantage of that environment will determine how far they can go.
Not much, but yeah 🤣 grab that so they can take advantage of it
Do you think it will keep going up more when they publish Monday’s rate? lol
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