
Venezuela’s piñata: how an almost free oil contract became US$515 million
“Access is the asset in today’s Venezuela, and the premium goes to the intermediary, not the State.”

“Access is the asset in today’s Venezuela, and the premium goes to the intermediary, not the State.”

More than 45 CEOs, regulators, former ministers and top analysts converge on La Jolla, October 13–15 Watch the Institute of

These aren’t explorers risking capital to find oil — they’re untested operators, backed by Washington, taking over fields already proven

Between a 16% royalty, a 55% U.S. equity stake, and an arithmetic error already circulating online, here’s what the official

Yesterday we said this ran on leases, not ownership. Trump says otherwise now — but his words and what’s actually

What’s actually being negotiated is a lease, not a takeover — and it only works if Big Oil believes Venezuela’s

While Caracas pitched Houston on a new era of legal certainty, it quietly finished stripping one investor of a 40%

A reference guide to the size, structure, and risk of the deals signed since January 3, 2026 By Elio Ohep,

Reserves of 195 trillion cubic feet, almost half the gas produced is flared or vented, and a new regime in

October 13–15, 2026, La Jolla Energy Conference will Address Latin America’s Transition Challenges EnergiesNet-Petroleumworld La Jolla, California petroleumworld.com 08 14

Venezuela and Brazil gain market share in Asia as refiners hedge against supply risks. Petroleumworld/EnergiesNet SAN DIEGO EnergiesNet.com 08 14

Colombia faces hardship after the recent earthquake. We stand in solidarity with those affected, keeping families and communities in our