Ministry of Popular Power for Oil

The Ministry of Popular Power for Oil is a government agency responsible for managing and regulating Venezuela's oil industry, which is a major part of the country's economy. It oversees exploration, production, and distribution of oil and its related activities, setting policies to ensure the sector operates efficiently and benefit the nation. This ministry works to optimize resource use, promote national development, and coordinate efforts among different oil companies and stakeholders, all within the framework of government priorities and economic strategies.