Experts in the News

On Friday, ConocoPhillips assumed control of Venezuela’s oil assets in the Caribbean, effectively stifling PDVSA’s ability to export oil. Fellow Francisco Monaldi tells Bloomberg this is a “total disaster” for Venezuela, even worse than the existing U.S. sanctions.

Halliburton’s decision to write off its remaining $312 million investment in Venezuela is another step toward the collapse of the country’s oil industry, fellow Francisco J. Monaldi tells The New York Times.

Fellow Francisco Monaldi comments in Platts Oil, which reports that U.S. oil refineries are looking to import crude oil from countries other than Venezuela as the U.S. prepares to sanction Venezuela's oil sector

Francisco J. Monaldi, fellow in Latin American energy policy, explains the factors that have contributed to Venezeula's declining oil sector and the challenges its national oil company PDVSA must overcome to revitalize the country's economy.

Francisco Monaldi, fellow in Latin American Energy Policy, analyzes Venezuela’s oil outlook amid its growing economic, political and humanitarian crisis on Platts’ Opec Outlook podcast.