Broken pumps, rusted pipes, ghost towns mark Venezuela's once vibrant oil hub. It will cost billions to restore the industry.

Over a century of oil production in the Maracaibo Basin has left Lake Maracaibo heavily polluted, with regular occurrences of oil slicks and algae blooms. Rundown energy infrastructure around the lake ...

Puerto Concha (Venezuela) (AFP) – Leaks, rusted pipes, pieces of broken equipment scattered about and staircases leading nowhere: Lake Maracaibo's oil field is a metaphor for Venezuela's ...

THE Maracaibo Basin, situated in western Venezuela, is an area of some 25,000 square miles, embracing the State of Zulia and parts of the States of Mérida, Táchira, and Trujillo; within this region ...

Add Yahoo as a preferred source to see more of our stories on Google. An abandoned and inoperative oil pumpjack stands in the oil-rich Maracaibo region of western Venezuela. The pumps that brought ...