Reimposed sanctions would cause Venezuela’s oil production to fall 30% to 600,000 barrels a day in a matter of months,...
Venezuelan oil industry
Two decades of mismanagement, malfeasance, and corruption coupled with ever harsher U.S. sanctions have caused Venezuela’s once-mighty oil industry, which...
Maduro said earlier this year that the Assembly would consider reforms to the legislation that would allow for “new business...
Weak institutions, policy instability, and the lack of credible property rights for the sector generated high “above ground risks” inhibiting...
