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?
Now that we left 2020 behind, we can see how oil production in “the country with the biggest reserves on Earth” has fallen during the Maduro years, according to OPEC
The “Anti-Blockade Constitutional Law for National Development and Guarantee of Human Rights” was finally published in the Official Gazette. How does it serve the regime and how does it affect Venezuela?
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
Oil for May delivery is worth less than nothing. For the first time in a hundred years, Venezuela is staring down a future with no oil income. I’m sure it won’t be missed.
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.
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