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From the vault: Venezuela tightens oil grip

3/1/2019

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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 GOULD

    Jens 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.

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