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Venezuela Bets Oil Investment on Light Crude, Not the Orinoco

Rio Times

WorldRio Times·Aug 27, 2026·1 min read

Venezuela Bets Oil Investment on Light Crude, Not the Orinoco

Venezuela is famous for extra-heavy oil, yet its energy ministry now says exploration effort is going to lighter barrels. The reason is arithmetic, not fashion. The post Venezuela Bets Oil Investment on Light Crude, Not the Orinoco…

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