Venezuelan opposition leaders said on Tuesday that the opposition-controlled congress was preparing to consider new energy legislation that would allow faltering oil production to recover with outside help. Ricardo Hausmann, an adviser to congress chief and self-declared interim president Juan Guaido, said at the CERAWeek energy conference in Houston that legislation to reopen the oil industry to private companies would need to provide the nation a progressive share of oil revenue to succeed. The legislation would reverse late President Hugo Chavez’s energy industry nationalization, allowing private companies a bigger role in Venezuelan oilfields and shrinking state-run oil company PDVSA, according to a draft seen by Reuters. However, it is a largely symbolic move while President […]