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
Tag: Venezuelan Oil
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Corina and Edmundo’s pitch to Trump—ousting the regime in exchange for opening Venezuela’s oil industry—involves an outdated project that Maduro himself could still hijack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
Trump Accelerates Chevron’s Exit from Venezuela. Here’s What We Know
Chevron’s wind-down will have an immediate impact in the oil industry and the economy, as things stand
The Oil Pendulum and the Absent Questions About the Venezuelan Oil Industry
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?
An Overview of the Decline of Oil Production in Venezuela
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
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