A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into ...

Venezuela is a resource-rich country that now stands to benefit tremendously from the recent ousting of the corrupt former ...

Venezuela’s new oil law legalizes private exports and slashes royalties, yet critics say it favors incumbents and entrenched ...

Here are the basic questions about what happened on Jan. 3, the context you should know, and where things could go next, ...

Venezuela, under threat following the attacks of January 3, and in perspective alongside the historical mirror that is Iran, allows us to study the models of classic oil nationalism and pragmatic ...

Without Venezuelan oil to help run manufacturing and agricultural operations, material conditions in Cuba are likely to ...

One problem for Trump is that the U.S. doesn’t have a national oil company. Exxon, Chevron and the like are private corporations that will start projects only when they see a good business opportunity ...

Venezuela’s reported oil reserves are largely unaudited government claims that ignore economic viability. Most of the country’s oil is extra-heavy crude that requires costly upgrading, diluents, and ...

History suggests that the price of oil and a wider distribution of wealth are as important as foreign investment. By Noam Scheiber Venezuela appeared to be entering a capitalist golden age in the ...

Despite Trump’s pledge to hand U.S. firms control over Venezuelan oil sales, major oil companies remain wary due to extreme political risk. Venezuela’s oil is mostly extra-heavy crude from the Orinoco ...

Politicians in Alberta like to claim credit, or cast blame, when it comes to the price of a barrel of oil. Low prices are Ottawa’s fault, or the previous government’s — its regulations or policy or ...