Tag: Oil companies
Venezuela Reclaims Its Sovereign Control Over Energy Resources
Decolonizing the Venezuelan Subsoil from Transnational Monopoly Interests. For over a hundred years, Venezuela’s history has been written in “black gold.” From the first sparks of domestic innovation to the suffocating enclaves of foreign monopolies, the story of Venezuelan oil is a saga of a nation struggling to break the chains of energy colonialism. RELATED:Venezuelan […]
December 19, 2025
Current State of Venezuela’s Oil Industry: Resilience Amidst US Sanctions
Venezuela, home of one world’s largest oil reserves, has long been a key player in the global energy market. However, years of U.S. led economic sanctions have severely impacted its oil sector, restricting production, exports, and foreign investment. Despite these challenges, the Venezuelan government has maintained a steadfast commitment to revitalizing its oil industry while […]
June 9, 2025
State of Maine to Sue Oil Companies Over Climate Change
The lawsuit accuses the companies of having withheld what they knew about the consequences of fossil fuel use since the 1960s. Maine has become the latest U.S. state to sue oil and gas companies over climate change, claiming that Exxon Mobil, Shell, Chevron and other giants waged a decades-long campaign to conceal the effects of […]