HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 14.Jan.2026, Words: 997) — A few years back, the recent Nobel Peace Prize recipient, Venezuela’s leading opposition figure, María Corina Machado, proposed a market-driven overhaul of the Caribbean country’s petroleum industry and finances, aimed at restoring investment, rebuilding capacity, and stabilizing the economy.
Amid a recent US military operation on 3 Jan. 2025 to remove Venezuela’s leader Nicolas Maduro and even his wife, Energy Analytics Institute (EAI) takes a step back and a deep dive into Machado’s plan, that will seemingly be executed by US president Donald Trump, which aims to open Venezuela’s energy sector to attract investors by ending the state monopoly and transitioning the oil sector to private ownership.