Venezuelanalysis

Venezuela’s January 2026 hydrocarbons law reform marks a major shift in the country’s oil sector. It establishes a more flexible fiscal regime in the name of “international competitiveness,” while expanding the private sector role in extraction, operations, and dispute resolution mechanisms.

The reform follows years of US sanctions on Venezuela’s oil industry and coincides with new US licenses allowing Western conglomerates to move into Venezuela’s energy sector.

Join Blas Regnault, energy policy analyst and consultant focused on oil geopolitics, alongside Venezuelanalysis editors Ricardo Vaz and Lucas Koerner, as they break down the reform, its economic and political context, and what it means for control over strategic resources and national sovereignty.

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The Venezuelanalysis Podcast is back. In our new season premiere, we tackle the fallout of the January 3rd military escalation against Caracas, an event that marks a volatile new chapter in the long history of US intervention in the region.

Join Venezuelanalysis Lead Editor Ricardo Vaz, Associate Editor Lucas Koerner, and VA Founder Greg Wilpert as they break down the geopolitical shift from “maximum pressure” to direct confrontation. This episode goes beyond the headlines to analyze the underlying causes and the global consequences of Washington’s renewed focus on “its” hemisphere.

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