Not all decisions are final regarding the Trump administration's policies on Venezuela's oil sector. But revoking License 41 will lead, in the short and medium term, to a production decline that will make fuel more scarce and the economy weaker
At a moment of dynastic consolidation, Maduro resorts to a power move against former oil chief Pedro Tellechea. Others before him fell from grace in different circumstances
While its economic effect is subjected to intense debate, its political impact is more clear. Here’s an overview of the conflicting stances around how these measures affect our economy and our people
Now that oil prices are recovering, Francisco Monaldi analyzes the truth of the nature and magnitude of what lies beneath the Faja del Orinoco (Orinoco Belt) and the historic use of fossil fuel to determine the role of oil in our future
Chávez forced PDVSA back into a tight political control and statism. Now, Maduro’s trying to get the company on its feet again with the opposite approach. How far can he walk that path?
After 20 years of radical Oil Sovereignty blah blah blah, Venezuela’s oil industry may end up under the boot of a no-name Kremlin-linked security contractor
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