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
Guaidó announced he’ll start managing the nation’s cashflow almost at the same time the U.S. announced new sanctions against PDVSA. Money is one of the reasons part of the Armed Forces are still behind Maduro. What happens when Maduro runs out of petrodollars to give them?
The company that produces nearly all of Venezuela’s export earnings looks like a store the day after it’s been looted. How chavismo took an oil giant from world class to bankrupt-in-all-but-name in just two decades.
A group of Venezuelan citizens, including several former government officials, have been charged of laundering two billion dollars from PDVSA contracts in Andorra.
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