Venezuela's Orinoco Belt is an Environmental Nightmare

Venezuela&039;s Orinoco Belt is an Environmental Nightmare

U.S. intervention in Venezuela, with illegitimate President Nicolas Maduro snatched in a daring January 2026 night raid, opened the country&039;s oil industry to foreign investment. While President Donald Trump is aggressively pushing for Big Oil to invest in Venezuela, energy majors are taking a more sober approach. Venezuela&039;s heavily corroded oil infrastructure, responsible for a nationwide environmental catastrophe, will require tens of billions of dollars to remediate before production will rise significantly. This, along with an ecological crisis...