Both companies are negotiating with Venezuela to operate the plant, in a move that marks the return of major commodity traders The Daily Journal.- London-listed miner Glencore (GLEN.L) and Swiss commodity trading company Mercuria Energy are among the firms seeking a deal involving Venalum, Venezuela’s largest aluminum plant. According to Bloomberg, both companies are holding […]
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The Venezuelan Petroleum Chamber confirmed increased activity among companies and equipment in the sector The Daily Journal.- The Venezuelan Petroleum Chamber (CPV) confirmed Thursday that oil activity in Zulia state has begun to pick up, with companies increasing operations and production reaching between 350,000 and 360,000 barrels per day. Roy Biagioni, president of the CPV’s […]
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The Daily Journal.- Dinorah Figuera, who represents a sector of the opposition at the dialogue table with the Delcy Rodríguez administration, said the next phase of negotiations will focus on restoring the institutional framework of public authorities and discussing political and civil guarantees, including freedom of expression. During a virtual meeting with lawyers from Mérida […]
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The Daily Journal.- The National Academy of Economic Sciences (ANCE) warned that full and formal dollarization of the Venezuelan economy could quickly curb inflation but would significantly limit the country’s economic policy tools. Instead, it proposed establishing a multi-currency or dual-currency regime. In a document released amid debate over officially adopting the U.S. dollar as […]
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The Daily Journal.- North American Blue Energy Partners (NABEP), the oil company backed by the Donald Trump administration to develop oil fields in Venezuela, expects to increase its crude production to 500,000 barrels per day (bpd) by the end of 2028, more than double the approximately 200,000 bpd it currently produces, according to a Bloomberg […]
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The Daily Journal. — Venezuela’s oil production reached 1.201 million barrels per day (bpd) in August 2026, according to a report released Thursday by the Organization of the Petroleum Exporting Countries (OPEC). The figure represents a slight increase of 1,000 bpd from the 1.200 million bpd Venezuelan authorities reported in July, keeping output above the […]
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The Daily Journal.- The Guayana Grassroots Workers’ Social Movement denounced alleged labor irregularities at Siderúrgica del Orinoco “Alfredo Maneiro” (Sidor) on Thursday and warned about deteriorating services for workers and their families. In a statement dated September 10, the organization accused company management of pursuing an alleged policy of “precarious employment conditions” and demanded answers […]
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The Daily Journal.- The Venezuelan government has delivered 528 homes to people affected by the earthquakes that struck on June 24, representing 13.2% of the 4,000 housing units that Delcy Rodríguez’s administration pledged to deliver before the end of 2026. State-run television channel Venezolana de Televisión (VTV) reported the figure on Wednesday during a broadcast […]
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The Daily Journal.- Venezuelan organizations Clima21 and the Venezuelan Program for Education-Action in Human Rights (Provea) called on the government to establish environmental and human rights safeguards as it implements new oil agreements and licenses granted to U.S. companies. In a joint statement, the organizations expressed concern over the lack of public information about the […]
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The Daily Journal – Trinidad and Tobago Prime Minister Kamla Persad-Bissessar expressed personal affection for Venezuela’s acting President Delcy Rodríguez and said she is willing to meet with her, signaling an apparent shift toward easing bilateral tensions. When asked whether she had a message for Rodríguez, Persad-Bissessar said: “I love her. I look forward to […]
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