Draft reform of the electricity system leaves loose ends that could prolong the sector’s crisis

The Daily Journal. — The National Assembly approved the draft reform of the Organic Law of the Electricity System and Service in its first discussion. The proposal does not pursue privatization of the sector; instead, it introduces a model of temporary concessions in which the State keeps full ownership of the infrastructure. Electromechanical engineer Juan […]

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What Did Venezuela Lose with the Hydrocarbons Law Reform?

The Daily Journal — The recent reform of Venezuela’s Organic Hydrocarbons Law has sparked an intense debate about the future of the country’s primary source of income. While the government argues that the changes aim to attract investment and increase oil production, energy economists warn that the new framework significantly reduces the state’s share of […]

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