The Daily Journal – The sixth edition of the Startup Venezuela Summit 2026 kicks off this Wednesday, October 21, in Caracas, bringing together 25 investment funds, nearly 40 international guests, and more than 100 speakers. The event will run through October 23. British entrepreneur Richard Branson, founder of Virgin Group, will deliver the opening keynote, […]
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Marco Rubio said New Delhi is willing to process more Venezuelan oil and highlighted its capacity to refine heavy crude. Washington did not specify which restrictions it might modify or announce any concrete measures. The Daily Journal – The United States will need to address potential sanctions-related obstacles to enable India to increase its refining […]
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The Daily Journal – Multinational oilfield services companies are taking their first steps toward deploying personnel, equipment, and machinery in Venezuela. Specifically, Weatherford International, Baker Hughes, Halliburton, and SLB are advertising dozens of job openings in the country on their websites. This development offers an early sign that a Washington-backed plan to rebuild Venezuela’s energy […]
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“The market is moving, and those who lived in the hardest-hit areas in the east and west are now seeking to settle in central areas such as Maiquetía,” explained María Teresa Brito, president of the La Guaira Real Estate Chamber. Pablo González, president of the Venezuelan Real Estate Chamber, criticized speculation and called for responsibility. […]
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ECLAC estimates that Venezuela’s goods exports will reach $29.146 billion, while imports will decline 11% in value. The country’s terms of trade are expected to improve by 23%, the second-largest increase in Latin America and the Caribbean. The Daily Journal — The value of Venezuela’s goods exports is expected to grow 17% in 2026, reaching […]
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Delcy Rodríguez said oil output in the western state climbed from 70,000 barrels per day to its current level and announced plans to expand natural gas production and exports. The Daily Journal — Oil production in Zulia state has increased from 70,000 to 370,000 barrels per day, with output expected to reach 400,000 barrels per […]
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Delcy Rodríguez linked the investments to recently signed agreements and said the bilateral deal with the United States includes drilling operations involving 250 rigs across 17 oil fields. The Daily Journal — Venezuela expects to attract approximately $76 billion in investments in its oil sector over the next five years through a series of recently […]
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KEO Capital’s U.S. subsidiary will manage the joint venture’s technical operations in the Lake Maracaibo Basin. Julio A. López, Editor-in-Chief — KEO Energy, the U.S. subsidiary of KEO Capital specializing in oil and gas, is expanding its presence in Venezuela’s oil industry through an agreement with Petróleos de Venezuela (PDVSA) to manage PetroUrdaneta. This joint […]
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The Daily Journal – North American Blue Energy Partners (NABEP) announced the opening of a registration process for Venezuelan professionals, technicians, and suppliers, aiming to incorporate them into its operations in western Venezuela. The company announced this during the 2026 Energy, Oil and Gas Conference (CEPEG 2026), held at the Tibisay Hotel on the shores […]
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The Daily Journal – Petróleos de Venezuela (PDVSA) has set a target of ending 2026 with national oil production of 1.3 million barrels per day (bpd), up from its currently reported 1.24 million bpd, according to an announcement by the state-owned company’s president, Héctor Obregón Pérez, during the Energy, Oil and Gas Conference (CEPEG 2026) […]
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