Oil reserves – Summaries of news and views OnVenezuela https://onvenezuela.com Mon, 15 Mar 2021 10:22:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png Oil reserves – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 Venezuela Has 300 Billion Barrels of Oil and Is a Poverty Train Wreck https://onvenezuela.com/venezuela-has-300-billion-barrels-of-oil-and-is-a-poverty-train-wreck/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-has-300-billion-barrels-of-oil-and-is-a-poverty-train-wreck Mon, 15 Mar 2021 10:00:00 +0000 https://onvenezuela.com/?p=8140

Venezuela is known to be the home to the world’s largest oil reserves with three hundred four billion barrels, which represent a sizeable 17.5 percent share of the entire global market, according to the BP Statistical Review of World Energy 2020. By Ethen Kim Lieser. Full Text -> TheNationalInterest

]]> Venezuelan oil could become the world’s largest stranded asset, experts say https://onvenezuela.com/venezuelan-oil-could-become-the-worlds-largest-stranded-asset-experts-say/?utm_source=rss&utm_medium=rss&utm_campaign=venezuelan-oil-could-become-the-worlds-largest-stranded-asset-experts-say Wed, 18 Nov 2020 13:38:40 +0000 https://onvenezuela.com/?p=6653

Once a wealthy oil exporter, Venezuela’s hopes of reviving its shattered economy are pinned on huge investment in extracting one of the world’s most carbon-heavy blends of crude. But concerns about climate change are upending energy markets worldwide, and some experts believe much of the country’s most valuable asset will remain stranded in the ground. By Antonio Collison. Full Text -> Eminetra

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