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It is similar to a proposal presented by Guaido’s allies to oil executives during an industry conference in Houston last year and proposes cutting royalties, allowing private companies to operate fields on their own rather than just in joint ventures with PDVSA, and create an independent regulator to auction off some PDVSA fields, like Mexico’s recent reform. By Luc Cohen. Full text -> Nasdaq
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¿What the evidence says about the effects of the sanctions?