Without Fear, Beyond Reproach: the Reform of the Hydrocarbons Sector
The attachment to dogma about Venezuela’s endless riches blocks essential changes for rescuing the industry. It’s time to change
El Furrial: The Spectacular Decline of a Giant Oil Field
El Furrial, once the jewel in PDVSA’s Crown, has seen production collapse from 408,000 b/d in 2008 to 198,000 in 2015: a catastrophe that is costing the country untold millions of dollars each and every day. What happened?
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