Upstream Investment Archives - The Daily Journal

The Angolan experience: Attracting oil investment requires clear rules and more efficient bureaucracy

September 29, 2026September 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — Improving regulatory efficiency and separating the functions of the state-owned oil company from those of the regulatory agency played a decisive role in expanding investment in Angola’s hydrocarbon sector, according to Geraldine Geraldo, Commercial and Strategy Director at Corcel PLC. During the panel “Attracting Upstream Investment in a Competitive World: Global […]

Cristina Tovar: Venezuela must review its tax burden to compete for oil investment

September 29, 2026September 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — Venezuela needs to review the tax burden on its hydrocarbon industry to compete for international investment, according to Cristina Tovar, executive president of the Venezuelan Hydrocarbons Association (AVHI), who noted that the sector once operated under a government take of as much as 93%. “We came from a flat 93% government […]