Venezuela’s Opposition Calls for Return of Foreign Drillers
- World’s premier reserves owner ‘badly broken’: Schlumberger
- Venezuelan officials close to tears in emotional appearance
Photographer: Bloomberg
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Venezuela’s opposition leader is rolling out the welcome mat to foreign investors who want a piece of the world’s largest oil reserves.
In a major break from the policies of President Nicolas Maduro and his late predecessor Hugo Chavez, Venezuelan opposition chief Juan Guaido wants to allow foreign crude explorers to drill without partnering with the national oil company, a top adviser said at IHS Markit’s CERAWeek conference on Tuesday.