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?
It’s been over a month since the Iranian fuel tankers brought gasoline to our country. What’s next? Here are the answers to key questions
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
The attachment to dogma about Venezuela’s endless riches blocks essential changes for rescuing the industry. It’s time to change
The collapse of WTI means one thing for the regular energy market and another thing for what’s left of the Venezuelan oil industry
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.
During Carlos Andrés Pérez’s first presidency, a law was passed so Venezuela could benefit the most from oil revenue. It was well thought out and, most importantly, well executed. It would change our relationship with our natural resources forever.
We’ve been able to hang on for 19 years in one of the craziest media landscapes in the world. Now, the difficulty level was raised abruptly with the global pandemic. We’ve seen different media outlets in Venezuela (and abroad) cutting personnel to avoid closing shop. This is something we’re looking to avoid at all costs, and it seems we will. But your collaboration goes a long way in helping us weather the storm.
Donate