HOUSTON—Post-Maduro Venezuela will “offer the most competitive space in the Western Hemisphere” for energy development as it transitions into a democracy that will privatize state-owned industry, offer 25-year contracts, and keep royalties below 20 percent, 2025 Nobel Peace Prize winner and the oil-rich country’s opposition leader Marina Corina Machado pledged on March 24.
“So here’s my invitation, directly to you,” she pitched energy executives and investors from nearly 90 nations at the 44th annual CERAWeek by S&P Global at the Americas Hilton-Houston.





