Venezuela Pitches Newly Opened Oil Sector to Investors

[Stay on top of transportation news: Get TTNews in your inbox. ] CARACAS, Venezuela — Venezuela's acting President Delcy Rodríguez preached of lucrative long-term opportunities in her resource-rich country at a Saudi-backed investment summit on March 25, offering a window into how Venezuela’s government is trying to lure investors to its oil sector. Addressing the Miami summit from Venezuela, Rodríguez presented a reformed industry — one that has opened up to private capital, international arbitration and scrutiny in the less than three months since the U. S.