Venezuela’s Oil Comeback Could Cost More Than $100 Billion
AI summaryVenezuela’s oil comeback could require over $100 billion in investment to expand and reactivate oil fields, pipelines, and infrastructure as new interim authorities grant long-term concessions; production could trend higher (to 1.6–2.58 million bpd by 2028–2035) if capital deployment materializes, with Chevron and other majors signaling large investment plans.