Venezuela

BMI View: While there have been some changes to BMI's Latin American Risk/Reward Ratings (RRRs) this quarter, these have occurred either at the top or the bottom of our ratings table,... 2013-03-14

BMI View: The successful development of the Orinoco heavy oil belt is critical to future production growth in Venezuela. Indeed, top-line estimates indicate there is potential for additional... 2013-02-12

BMI View: Moody's recent downgrading of PdVSA's debt is in line with our view that the leadership crisis in Venezuela poses significant downside risks to our outlook for the energy... 2013-01-21

BMI View: With a post-Hugo Chávez future seeming increasingly imminent, it is tempting for markets and industry players alike to imagine a brighter future for the Venezuela's... 2013-01-10

BMI View: Latin America is set to be the fastest-growing region in terms of oil production over the next decade. However, evolving risks in some of the region's largest producers threaten... 2013-01-02

BMI View: Venezuelan oil production will fall considerably short of the government's 2012 year-end production target of 3.5mn barrels per day (b/d). Indeed, we forecast that total oil... 2012-11-12

BMI View: Indian companies are progressing with efforts to boost their participation in Venezuela's oil sector - welcome news for the Latin American country, which has now stabilised... 2012-10-19

BMI View: Venezuela's long-term oil and gas potential is undeniable, with the country's proven reserves now estimated to be larger than those of Saudi Arabia. Nevertheless, the short-to-medium... 2012-08-17

Harvest Natural Resources has agreed to sell all of its interests in Venezuela to Indonesia's state-owned PT Pertamina for US$725mn in cash. This announcement immediately sent Harvest's... 2012-06-26

Caracas is tapping Venezuela's oil wealth at both ends as it agrees long term oil-for-loan deals with China while milking the profits of state-run oil company PdVSA . If these policies... 2012-05-23