VenezuelaRestructuring Desk
    NewsletterSubscribe
    Local PressCredibleFebruary 7, 2026

    State Media Touts Upstream License as "Final Victory" While Independent Outlets Highlight Exxon Scepticism

    Venezuelan state media frames the expected OFAC upstream production license as the culmination of oil-sector normalization, while independent outlets focus on ExxonMobil's refusal to re-enter and questions about the Hydrocarbons Law's durability.

    Venezuelan state media frames the expected OFAC upstream production license as the culmination of oil-sector normalization, while independent outlets focus on ExxonMobil's refusal to re-enter and questions about the Hydrocarbons Law's durability.

    Subscriber Access Required

    Access to Local Press articles is available exclusively to Professional subscribers.

    Sign inSubscribe