Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’

Venezuela's petroleum minister, Paula Henao, addressed U.S. companies in Houston, declaring that the country possesses over 916 exploration opportunities and reserves including an estimated 192 trillion cubic feet of natural gas. She promoted Venezuela as an emerging energy economy ripe for foreign investment from both domestic and international firms. Despite historical challenges to investing in its hydrocarbon laws, companies like Hunt Oil, BP, and Shell plan various investments.