PDVSA is spearheading regional energy integration and assisting many of Venezuela's neighbours, compensated for by the high price of its crude exports, which have averaged 96 dollars a barrel this year, while extraction costs amount to just six or seven dollars a barrel. Full Story »
Posted by Mike LaBonte
A great primer on PDVSA, the Venezuelan national oil company. Many facts have no obvious source, but it is sprinkled with well sourced viewpoints. While it is informative, I think the big picture would be more in focus if there was more historical information to show how much the presence is growing. While the style is dry, it is fairly well organized.
