Venezuela Proposes Major Overhaul of Energy Sector

Venezuela’s governing administration is proposing a sweeping overhaul of its strength market, scaling back the purpose of the state and handing more than increased manage to private providers in an effort to improve plummeting oil output, in accordance to a governing administration presentation.

The proposal, which was compiled very last month by a particular restructuring committee appointed by President Nicolás Maduro, comes as corruption and mismanagement have crippled national oil monopoly Petróleos de Venezuela SA, or PdVSA. A raft of U.S. sanctions far more just lately have…

Next Post

Atos to Deliver Next Generation Cloud Services to the State of Texas

Irving, Texas, April 28, 2020 Atos North America was recently awarded a multi-year contract with the State of Texas’ Department of Information Resources (DIR) to deliver next generation private cloud transformation and artificial intelligence and machine learning capabilities. This modernization will automate processes, create efficiencies, free-up resources and improve service […]