Venezuela’s rapidly disintegrating oil industry, which is the backbone of its economy, is a mere shadow of what it once was, despite the founding OPEC member possessing the world’s largest proved oil reserves totaling 303 billion barrels at the start 0f 2020. Even the intervention of Russia, China, and Iran has done little to revive Venezuela’s rapidly crumbling petroleum industry. There is an emerging opinion, in light of the failure of crippling U.S. sanctions to trigger regime change, that a different approach needs to be taken…
Hence then, the article about western oil majors are key to reviving venezuela s oil industry was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Western Oil Majors Are Key To Reviving Venezuela’s Oil Industry )