Delcy Rodríguez signs new oil regulations to speed up investment in Venezuela

The Daily Journal — Venezuela’s acting president, Delcy Rodríguez, signed the Regulations to the Organic Hydrocarbons Law on Wednesday, completing the legal reform launched earlier this year. The new rules could clear the way for agreements that Petróleos de Venezuela S.A. (Pdvsa) reached in recent months with oil companies, commodity traders, and oilfield service providers […]

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PDVSA hires Greenberg Traurig to speed up oil deals

Bloomberg — Venezuela’s state-owned oil company, facing staffing shortages, has hired international law firm Greenberg Traurig to help streamline contract negotiations with numerous companies ahead of a key regulatory deadline in August. The law firm confirmed its relationship with Petróleos de Venezuela S.A. (PDVSA) in an emailed statement. “Greenberg Traurig is advising PDVSA on potential […]

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