Oil has played a major role in Venezuela’s economy since the first gusher was discovered along Lake Maracaibo in 1922. As Miguel Tinker Salas demonstrates, oi

Beneath Venezuelan soil lies an ocean of crude—the world’s largest reserves—an oil patch that shaped the nature of the global energy business. Unfortunate

National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This

In 1935, after the death of dictator General Juan Vicente Gómez, Venezuela consolidated its position as the world's major oil exporter and began to establish w

An in-depth look at the US threat to "save" Venezuela Since 1999 when Hugo Chavez became the elected president of Venezuela, the US has been conniving to overth