This Country Has The Largest Oil Reserve In The World

Despite geopolitical upheaval, sanctions, and military action, this South American state's proven oil reserves remain colossal.

Why Venezuela can't pump its oil, despite world's largest reserves

Key Takeaways Venezuela's collapse in oil production stems from nationalizations that drove out technical expertise, sanctions that blocked investment and buyers, and having a heavy crude that's ...
WLWT

Get the Facts: How much oil does Venezuela have? Is US investment a real possibility?

Venezuela has the world’s largest oil reserves—but history, costs, and political risk raise questions about whether U.S. oil companies are ready to invest. Venezuela has the world’s largest oil ...
Forbes

Why You Should Be Skeptical About Venezuela’s Oil Reserves

A sculpture of a hand holding an oil drilling rig is pictured outside the state-run oil company Petroleos de Venezuela S.A. (PDVSA) in Caracas on February 26, 2025. (Photo by Pedro MATTEY / AFP) ...

How Venezuelan Oil, Hugo Chávez, And Geopolitics Led To Maduro’s Capture

The US capture of Venezuelan leader Maduro was a result of goals related to oil reserves, geopolitics, Chinese presence, and ...
KOAT Albuquerque

Get the Facts: How much oil does Venezuela have? Is US investment a real possibility?

Venezuela has the world’s largest oil reserves—but history, costs, and political risk raise questions about whether U.S. oil companies are ready to invest. Tapping into Venezuela’s oil reserves has ...