economy
January 30, 2026
Who’s turning up for oil rig work in post-Maduro Venezuela?
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 now that there appears to be a ray of light following the removal of the country’s dictator, Nicolas Maduro.
TL;DR
- Venezuela presents challenges for US oil and minerals companies: underinvestment, extreme political risk, and organized crime.
- A potential ray of light exists following the perceived removal of dictator Nicolas Maduro.
- These issues could impact US companies considering operations in Venezuela.
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