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Venezuela holds 70% of Latin America's natural gas reserves, which it could export to Colombia and Trinidad to increase revenues.
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The Trump administration is hoping to revive Venezuela’s oil industry and persuade American companies to reenter the country.
As the US powers ahead with its plans to recover Latin America’s ‘oil El Dorado’, we explore Venezuela’s environmental and geopolitical outlook
Daily on Defense: Trump’s Greenland ‘deal,’ Zelensky in Davos, Board of Peace takes shape
Para venezuelana Luisa Palacios, nome de referência no setor energético, gás natural deve estar no foco
New sanctions will ban imports to the EU of products derived from Russian oil from January 21. But critics point to enforcement loopholes and also warn that Chinese ‘teapot’ refineries may be picking up oil now shunned elsewhere.
The US intervention in Venezuela may jeopardize both the flow of discounted Venezuelan oil to China's teapot refineries and the role of Chinese oil companies in Venezuela’s upstream business.
In discussing the dramatic seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, over the weekend, President Donald Trump declared that the United States would now “take back” the country’s oil. Yet he has offered little clarity on what exactly this means.
The country could see a relatively rapid recovery of some oil production, depending on the leadership that emerges.
