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A Diagnosis of Venezuela's Suffering Oil Industry

A Diagnosis of Venezuela's Suffering Oil Industry

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Venezuela is blessed with abundant oil but poltics and mismanagement have deeply wounded the OPEC nation's fortunes. The resources in place mean continued, and constant interest, particularly from the supermajors and Chinese and Russian state firms, but the low oil price environment has come at a particularly bad time. Through industry expertise and insight, this report sums up the state of oil in Venezuela and looks at what to expect in the future.

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