The government enacted a hydrocarbons law regulating concessions, taxation, and the expanding petroleum industry.
Venezuela · Government / Government of Venezuela. Chronological records rendered directly from the World History Database.
The government enacted a hydrocarbons law regulating concessions, taxation, and the expanding petroleum industry.
The Hydrocarbons Law unified petroleum rules and increased the state's share of industry revenues.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.