Venezuela's moves to seize oil fields from private companies more than a decade ago have particular relevance today. Here's a piece I wrote in 2005 for the Christian Science Monitor:
"Tense relations between private firms and Mr. Chávez's government escalated last week when the government seized fields operated by two European oil giants - France's Total and Italy's ENI - after the two companies snubbed government demands to convert their contracts to joint ventures with the state by April 1." Read the entire story here: Venezuela tightens oil grip
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JENS ERIK GOULDJens Erik Gould is a political, business and entertainment writer and editor who has reported from a dozen countries for media outlets including The New York Times, National Public Radio and Bloomberg News. Archives
February 2020
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