Trump’s “Mega Deal” in Venezuela Could Deepen Risks for Investors
Without meaningful democratic reforms, the agreement may jeopardize the investments Washington hopes to attract
Tag: Venezuelan Oil
Why Investors Remain Uneasy About Delcy’s Hydrocarbons Law
Rodríguez tried to make it business-friendly, but the 2026 law preserves broad government discretion and leaves PDVSA unreformed
The Multi-Billion Dollar Black Box the US and Delcy Refuse to Open
A story about the whereabouts of $13bn in oil funds raises alarms. Opacity is a huge issue. Here’s what we know
Delcy’s Fragile Reopening Meets the Old Power Crisis
Energy expert Luisa Palacios says recovering our grid requires guarantees, hefty long-term investment and a redefined role for private companies
The Social Crisis Awaiting Venezuela’s Returning Investors
Mines and oilfields are reopening. The communities around them are not what foreign companies remember
Delcy’s Challenge in the Hormuz Crisis
The Hormuz crisis hands Caracas a historic opportunity. Converting the current price windfall into durable investment will be a defining test
A Third Venezuelan Oil Nationalization? Not if the Citizen is the Owner
A bold reform vision for Venezuelan oil: strip the State of profit share, and make citizens the chief stakeholders and protectors of the industry
The Spirit of the Concessionary Model and the Future of Venezuelan Oil
The new energy law opens the sector to foreign investment in unprecedented ways since the 1990s. It might also spark a relationship with transnational companies that is positive for society
Selling the Underground Chest
María Corina and Edmundo’s pitch to Trump—ousting the regime in exchange for opening Venezuela’s oil industry—involves an outdated project that Maduro himself could still hijack
How Chevron's Exit Will Impact the Venezuelan Economy
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
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
Donate