Mexico is poised to allow foreign investment in its state-owned oil company, Pemex, for the first time in 75 years. In Venezuela, home to the world's cheapest gasoline, prices are due to skyrocket if President Maduro ends subsidies as he's indicated.
Jan 5, 2014 BBC News
Mexico, the world's 9th largest oil producer and first to nationalize its oil production, has seen steep production declines as the state-owned oil company lacks capital resources and expertise. Constitutional reforms would entice private investment.
Aug 20, 2013 The New York Times - Global Business
"Yes it can", at least to some extent appears to be the answer according to the WSJ. While the Keystone XL pipeline can move 830,000 barrels of oil a day, rail shipments are set to double this year to 200,000 barrels. Not so, according to the NRDC.
Mar 13, 2013 The Wall Street Journal
For all his intentions to help the poorest in his country, Hugo Chávez's handling of the golden goose - Venezuela's massive oil wealth, was badly mishandled during his reign. Output decreased, debt increased, and he left behind a polarized society.
Mar 11, 2013 The Wall Street Journal
New technology is allowing massive investment in oil drilling in North and South America, from Canada to Argentina. This article centers on the investment in the region's two largest economies, U.S. and Brazil, and its effect on energy geopolitics.
Sep 27, 2011 The New York Times - Americas
As housing costs rise and supplies dwindle in Caracas, more than 2500 squatters have occupied a downtown skyscraper.
Mar 2, 2011 The New York Times
Venezuelan President Hugo Chavez is urging for golf courses to be expropriated for other uses, and calling on citizens to make use of abandoned land.
Nov 3, 2010 Bloomberg
Utopian modernism turned on its head in Caracas, where residents have made fifty-year-old superblock housing projects into the locus of sprawling improvised settlements.
May 14, 2009 Triple Canopy
In an agreement with fellow socialist Venezuelan President Hugo Chavez, former London Mayor Ken Livingstone has accepted a position in Caracas to advise the city on improving its transportation and crime issues.
Sep 2, 2008 The Guardian
<p>Venezuelan President Hugo Chavez is pushing plans to create "21st century socialist cities" -- communities based on public participation and cooperation -- juxtaposed next to fiercely capitalist developments in the rest of the country.</p>
Apr 1, 2008 The Christian Science Monitor