July 25, 2024

Venezuelan oil could become the world’s largest stranded asset, experts say

Retrieved from BOE Report

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

Translation/ Traducción