Comments on: Chavez’s new oil reserves likely to stay buried Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: DavidCcs Wed, 20 Jul 2011 04:12:25 +0000 That is very true, but consider the new developments with chinese companies, Italian ENI and many others. I think Chavez somewhat acwknowledges the need to revamp Venezuela Oil production. Anothrt Big problem is that almost 20.000 employees ,well trained and successful were fired in 2003 wont come back and new grads are fleeing to other countries leaving Venezuela with few capable hands