Danish government be like
2 Likes
Quite possibly. I also heard that there is a US oil firm (forgot the name sorry) already in Venezuela, but theyâve lost $4bn and are struggling to recoup that. Theyâre being paid in oil rather than dollars. Again Iâm cautious on the accuracy of this.
2 Likes
Chevron still has joint venture projects with PDVSA
Thatâs them.
Wiuld I also right in saying that US oil companies have stated that they have zero interest in going into Venezuela?
A Multipolar wonderful world this, finally the Far Left and the Far Right got the World Order they have been fighting so hard for.
1 Like
Same ethics. Americans are just slightly less brutal culturally as a people, but dehumanization comes in fast as you discard the ethics of enlightenment and humanism, so in time it might become same-same.
Tatarigami_UA on X: âWhen I said last year that the average American MAGA supporter closely resembles a Russian vatnik in both mindset and ideology, I meant it seriously. https://t.co/NXMyOc6u2Uâ / X
3 Likes
I doubt those companies ever have zero interest in somewhere that has a lot of oil reserves. But between a non-compelling oil price and a very complicated operating environment, I equally doubt that there will be a stampede by the majors. Chevron is likely just trying to avoid collateral damage, their staff will be an obvious target for kidnapping, even more than they have been.
2 Likes
Iâm quite curious about this on two fronts?
- Is anyone so longsighted, for what they believe in, that they would massage a mega-low-maniac ego and risk the struggle?
- Do revolutionaries make good nation builders/politicians?
For the record, I agree with the gist of the post.
When it comes to 1. Who does not. Everybody has to.
When it comes to 2. Usually no. They are historically often necessary, but successful revolutions transition to a less ideologically narrow regime (post Revolution), but often keeps important ideological aspects of the previous revolution (I.e. French Revolution) in the new order.
Meanwhile, I think this is the 3d ship in the Russian Shadow Fleet post Maduro-nabbing, hoisting a Russian Flag outside Venezuela, and I find it properly funny ! 
Special Kherson Cat 
on X: âAnother âshadow fleetâ tanker âHyperionâ IMO 9322968 off the coast of Venezuela has switched its flag to Russian in an attempt to avoid interception by the U.S. Coast Guard. The tanker Hyperion, is under sanctions from the United States, the EU, and the United Kingdom. Earlier, https://t.co/g1GMCJmqBhâ / X
Drifting OT butâŚ
With 1, I was also paying homage to 2⌠but maybe youâre right
With 2, I am always drawn to Mandela and Gandhi.. but both are tainted in the comparison
Aye, there are lots of criticism for the way in which they managed their oil production once they nationalized it, but the bigger issue for Venezuela, the core issue really, was an economy so tightly tied to oil going through a drop in oil prices from over $100 a barrel to about $25. The arse fell out of their economy and everything spiraled from there. So I;m sure there are marginal gains to be made from reintroducing foreign expertise, but maybe not a real return on investment until the price goes back up.
So I guess war with Iran in next?
1 Like
More speculation from me, but I suspect it will take years for US firms to mobilise and then see any return. So its in the too difficult box.
Flipside Iâm hearing, is the Venezuelaâs largest buyer of their oil is China.
Again Iâm guessing at much of this based on snippets andcam more thsn happy to be corrected.
Keep in mind there was the fairly open quid pro quo during the campaign of Trump promising very favourable outcomes from the energy companies if they donated the 100s of millions to his campaign that he was asking for. Im sure these companies are responding to these developments on the fly.
2 Likes
In order of reasons for American action in Venezuela, I would rank it as follows:
- Chinaâs influence in the region
- Oil and getting control, or a good slice carved out, for when prices go up
- Rare earth minerals
- Maduro strongly disliked so remove him
- Install puppet/friendlier leader
- Drugs
SINOPEC is the largest joint venture operator in Venezuela, which ships directly to China. That probably does make China the largest buyer. Second largest is a Russian firm, but that oil just puts oil into the global market - quite likely that some of that ends up in China as well.
1 Like
Pure and simple its just american greed
2 Likes