Why is Venezuela ‘uninvestable’ for Big Oil? episode artwork

EPISODE · Jan 15, 2026 · 20 MIN

Why is Venezuela ‘uninvestable’ for Big Oil?

from The Take · host Al Jazeera

US President Donald Trump says removing President Nicolas Maduro is about reclaiming Venezuela’s oil. But as Washington pushes for access, major oil companies are hesitating. Why is Venezuela being labeled “uninvestable,” and what does that skepticism reveal about power, instability and the future of Venezuela’s vast oil reserves? In this episode: Anneke Ball (@annekeball), Journalist Episode credits: This episode was produced by Marcos Bartolomé and Melanie Marich, with Tamara Khandaker, and our host, Kevin Hirten. It was edited by Ney Alvarez and Noor Wazwaz.  Our sound designer is Alex Roldan. Our video editors are Hisham Abu Salah and Mohannad Al-Melhem. Alexandra Locke is the Take’s executive producer. Ney Alvarez is Al Jazeera’s head of audio. Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube

After seizures, sanctions and collapse, can Venezuela ever win back Big Oil’s trust?

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Why is Venezuela ‘uninvestable’ for Big Oil?

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This episode was published on January 15, 2026.

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US President Donald Trump says removing President Nicolas Maduro is about reclaiming Venezuela’s oil. But as Washington pushes for access, major oil companies are hesitating. Why is Venezuela being labeled “uninvestable,” and what does that...

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