Venezuela's Rodriguez proposes oil reform to ease investment

Venezuela's interim president Delcy Rodriguez delivers her first annual address to the nation at the National Assembly, following the U.S. strike in Caracas that resulted in the capture of President Nicolas Maduro and his wife, Cilia Flores, in Caracas, Venezuela, January 15, 2026. REUTERS/Leonardo Fernandez Viloria

Jan 15 (Reuters) - Venezuela's interim President Delcy Rodriguez said ‌on Thursday she was submitting a proposal to reform the country's hydrocarbon law, as investors in the U.S. push for ‌easier access to the South American country's oil industry.

Rodriguez said the reforms would "allow these investment flows to be incorporated into ‌new fields, fields where no investment has ever been made and into fields where there is no infrastructure."