Workers from basic industries launch consultation process to present labor proposals

The Daily Journal.— Labor representatives from Siderúrgica del Orinoco (Sidor) and various productive sectors in eastern Venezuela met in Caracas to consolidate a space for dialogue and present proposals aimed at improving workers’ socioeconomic conditions. The meeting brought together delegates from Bolívar, Anzoátegui, and Monagas states representing 25 industrial sectors. Among the priorities outlined in […]

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Enrique Márquez: “Chavismo destroyed democracy, and we must restore it”

The Daily Journal.— Opposition leader and former presidential candidate Enrique Márquez said Monday that the initiative promoted by Pacto por Venezuela seeks to restore the conditions necessary to rebuild the country’s institutions, revive the economy and achieve an effective transition to democracy. “Washington’s role in Venezuela’s transition is indispensable,” he stressed. Márquez made the remarks […]

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Leticia Alfonso left her life behind to support those searching for their loved ones at the Opppe buildings in Playa Los Cocos

First, Leticia helped her partner, Gabriel, find the body of his teenage daughter. But the two decided to continue living in a tent beside the ruins to help others. Vanessa Davies Leticia Alfonso left everything behind. Literally: she walked away from her job and her life to move into a tent beside the devastation that […]

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Public Works Ministry orders demolition of 39 buildings in La Guaira

The Daily Journal.— Venezuela’s Ministry of Public Works officially released a list of 39 buildings slated for demolition in La Guaira state after authorities identified severe structural damage caused by the earthquakes that struck on June 24. The government issued the order as part of a technical risk-mitigation plan that authorities launched in urban areas […]

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José Guerra estimates the ‘fiscal sacrifice’ of the new oil agreement with the U.S. at $6 billion

The mechanism means that Venezuela, “an impoverished country, is subsidizing a rich country like the United States,” the economist said Neirlay Andrade.— Venezuela could face a fiscal sacrifice of around US$6 billion under the terms of the new oil agreement with the United States, according to an estimate presented Tuesday by economist José Guerra, who […]

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Venezuela will lose at least $500 million a year under U.S. oil deal

The Daily Journal. — Economist Francisco Rodríguez questioned the financial structure of the agreement signed with the United States to develop 17 Venezuelan oil fields. He warned that, based on the terms publicly presented so far, Venezuela would hand over strategic assets and supply crude oil under preferential terms without receiving guarantees in return. In […]

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PDVSA aims to raise oil production to 1.5 million barrels per day in 2027

The Daily Journal. — Petróleos de Venezuela S.A. (PDVSA) aims to increase production to 1.3 million barrels per day this year and 1.5 million in 2027, supported by the entry of private operators, the reactivation of drilling rigs and the adoption of new technologies, the company’s Executive Vice President Jovanny Martínez said. The target is […]

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Venezuela negotiates more than 30 new cooperation agreements with Vietnam

The Daily Journal. — Venezuela’s Acting President Delcy Rodríguez said Monday that Caracas is negotiating more than 30 new cooperation agreements with Vietnam in areas including energy, agriculture, telecommunications and culture. Rodríguez said the two countries maintain an extensive bilateral agenda, with dozens of agreements already in effect and new instruments currently under negotiation. “We […]

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Héctor Obregón says U.S. oil deal can be renewed “for as long as necessary”

The Daily Journal — Petróleos de Venezuela (PDVSA) President Héctor Obregón said Monday that the oil agreement with the United States involves three parties and allows renewals for as long as necessary. However, the underlying contract sets an initial 25-year term. “The contract has a 25-year term, but legally, by mutual agreement, the parties can […]

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How the U.S. press covered the oil deal between Trump and Delcy Rodríguez

The Daily Journal On August 28, Donald Trump announced on social media what he called “the biggest oil deal in world history.” The United States secured majority control over one-fifth of Venezuela’s proven crude oil reserves, in an operation covering some 65 billion barrels of oil. The announcement came as the U.S. military operation against […]

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