We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Ideology vs. geology

11 February 2010 By Martin Hutchinson

Their new Venezuelan oil deals show they will take political risk to boost reserves. The costs are incurred upfront, while revenue arrives later tempting regimes like Chavez’s to change the rules. Highercost reserves developed in safer regions offer more balanced risks.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)