As protests continue against Venezuela’s faltering “oil revolution,” the political strategy of the Chavista administration is striking for its intransigence. President Maduro has refused to recognise any grievances by students or other protesters. He calls protesters “fascists” and blames them for all… Read More ›
China ups Venezuelan oil investments, but refuses Chavista leaders’ plea for a cash bailout
Back in April, Brazil’s Folha de SaoPaulo ran an article entitled: “The Future of Venezuela Depends on China“ and highlighted this quote: Translation: “If Maduzo wins, he’ll have to regain the confidence of the Chinese.” – TOM O’DONNELL, petroleum consultant Indeed, it is now clear that the… Read More ›
Venezuela’s PDVSA Post-Chávez: Will partnerships with the private sector and Chinese experts boost oil production?
Throughout 2012, and especially after President Hugo Chávez’ death in early March 2013, Venezuela’s national oil firm, Petróleos de Venezuela S.A. (PDVSA), has taken measures beyond anything done in the past decade to raise its lagging production. While the likely… Read More ›