
For years, Venezuela was the oil industry’s forbidden zone — a country with the largest proven oil reserves on Earth but locked behind layers of sanctions, political turmoil and diplomatic brinkmanship.
Now the door is creaking open again.
Recent reporting by Upstream Online and other energy news outlets indicates that Shell has confirmed it is preparing to move forward with Venezuelan energy opportunities, following major shifts in U.S. sanctions policy that now allow international oil companies to negotiate deals with the country’s state oil company, PDVSA. (upstreamonline.com
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Timeline of the Donovan Shell Feud.
Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years.
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