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.
On Tuesday evening, President Nicolás Maduro announced what in revolutionary newspeak is referred to as a sacudón (shake-up), otherwise known to the rest of the globe as cabinet reshuffle. The most noteworthy replacement happened in the...
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