Venezuela expanding military influence over oil and mining lweb.es/f824
OEF REVIEW:Venezuela President Nicolas Maduro moved to increase the military’s involvement in the country’s oil and mining industries with the creation of a new state company that will report to the Defense Ministry. The military company, “Camimpeg”, was authorized to participate in a range of oil services and mining activities including the maintenance of wells and drilling rigs, transport and the commercialization of chemicals.
OEF REVIEW:While Venezuela’s new legislative majority faces many immediate concerns with the Nicolas Maduro regime following a Dec. 6 election, it also should begin to disband and replace Petroleos de Venezuela SA (PDVSA), a former board member of the national oil company said. “I believe PDVSA is impossible to upgrade,” said Gustavo Coronel, a petroleum geologist and consultant on energy geopolitics and public policy who was a member of the Venezuelan Congress before then-President Hugo Chavez dissolved it. “It should be replaced by another model of oil industry management in Venezuela.”
OEF REVIEW: President Putin talks with Charlie Rose about: the Islamic State and Syria; his relations with President Obama; how Russia and the U.S. cooperate for a better world; about his popularity in Russia; his views on the U.S.; Ukraine and the Minsk agreements; the disintegration of the USSR; the Baltic States; and what he sees as his legacy.