EnergyHighReportedAccelerating
8.8
US firm PCEC to invest $3.5B in Venezuela oil reactivation
ClarínLO·US · VE·2 days ago
Venezuela's Electricity Minister Rolando Alcalá stated that the country's economic recovery is disconnected from electricity supply, citing constant outages and fluctuations this year, and blamed previous sanctions. This highlights the fragility of Venezuela's power grid and its potential constraint on economic growth, though the claim is political and unverified.