Venezuela Needs to “Rewire” Fiscal System to Attract Investment, ConocoPhillips CEO Says

(Reuters) – Venezuela needs to “completely rewire” its fiscal system to attract new investment, ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek conference in Houston, underscoring the challenges facing the country’s oil industry in the wake of President Nicolas Maduro’s capture in January. Lance called a reformed hydrocarbon law in the OPEC-member country … Read more