ENI and Repsol Accelerate Gas Expansion in Venezuela

Cardón IV Strengthens Its Position as Western Venezuela’s Energy Hub Audio: https://clyp.it/ng0wbxnh Julio A. López. — European energy companies Eni and Repsol are advancing a new plan to increase natural gas production in Venezuela, strengthening the development of the giant Perla field located in the Cardón IV block, in the waters of the Gulf of […]

Continue Reading

Suriname Accelerates Its Energy Race

Julio A. López.- While Guyana continues to attract the attention of the global energy industry through giant discoveries led by ExxonMobil, Suriname is moving quickly to establish itself as the next major player in the Guyana-Suriname Basin, one of the most promising petroleum regions on the planet. Industry attention now focuses on Block 52, a […]

Continue Reading

Public Sector GDP in the First Quarter of 2026: Between Doubts and Negative Performance

The  BCV  figures  are  beginning  to  be  released,  but  their  prolonged  absence  has  generated  “suspicions” among some economists. By José Gregorio Yépez Data  from  the  Central  Bank  of  Venezuela  (BCV)  indicate  that  the  Gross  Domestic  Product  (GDP)  of  Venezuela’s  public  sector  showed  a  negative  performance  in  the  first  quarter  of  2026, registering  -0.68% . This  […]

Continue Reading

JetBlue Announces Plans to Launch Its First Air Route to Caracas

The  Daily  Journal .-  U.S.  airline  JetBlue  formally  announced  its  intention  to  establish  a  direct  connection  between  the  United  States  and  Venezuela  through  a  new  route  linking  Fort  Lauderdale-Hollywood  International  Airport  and  Simón  Bolívar  International  Airport  in Maiquetía.  The  announcement  marks  a  milestone  for  the  company,  representing  its  first  operational  entry  into the Venezuelan market, […]

Continue Reading

Gold Reserve Signed Agreement with Augusta Capital to Transfer 50% of Its Stake in Venezuelan Mining Project

The  Daily  Journal.-  In  mid-May,  Canadian  mining  company  Gold  Reserve  Ltd.  announced  the  signing  of  a  binding  preliminary  agreement  with  Augusta  Capital  Corporation  to  transfer  a  50%  stake  in  the  rights  and  interests  it  holds  in  the  Siembra  Minera  gold  and  strategic  minerals project, located in Bolívar state, southern Venezuela.  The  strategic  move  coincides  with  […]

Continue Reading

Exxon Moves Toward the Gulf of Paria

Audio :  https://clyp.it/4fqav54m  Julio  A.  López,  Editor-in-Chief  —  The  expansion  of  ExxonMobil  and  Occidental  Petroleum  (OXY)  into  the  ultra-deepwater  Ultra  Deep  1  block,  located  offshore  from  Trinidad  and  Tobago  and  geologically  connected  to  the  prolific  Guyana-Suriname  Basin,  is  not  merely  another  Caribbean  oil  project.  For  Venezuela,  this  move  could  become  one  of  the  most significant […]

Continue Reading

WSJ: French Banker Matthieu Pigasse to Lead Venezuelan Debt Restructuring

The  Daily  Journal.-  The  American  newspaper  The  Wall  Street  Journal  (WSJ)  reported  that  French  banker  Matthieu  Pigasse  will  lead  the  restructuring  process  of  Venezuela’s  external  debt, estimated at around $150 billion  .  According  to  the  newspaper,  the  Venezuelan  government  hired  the  U.S.  firm  Centerview  Partners ,  where  Pigasse  is  one  of  the  leading  figures,  to  […]

Continue Reading

Venezuelan Minister of Hydrocarbons Evaluated Project Portfolio with Private Investors in Texas

The Daily Journal.- A high-level official delegation traveled to the state of Texas, United States, with the aim of consolidating strategic alliances oriented toward reactivating the national oil industry. Venezuela’s Minister of Hydrocarbons, Paula Henao, and the Vice President for Exploration and Production of Petróleos de Venezuela (PDVSA), Yovanny Martínez, participated in the Venezuela Exploration […]

Continue Reading

Manuel Sutherland: “A Lengthy Audit and Exhaustive Investigation of Venezuela’s Debt, Every Bond, Paper, and Ticket, Is Necessary if Payment Is to Be Made”

Yahvé Álvarez.- “A lengthy audit and an exhaustive investigation of Venezuela’s debt, of every bond, paper, and ticket, would be necessary in the event of repayment, and that would require at least eight or nine months, which would be ideal to thoroughly examine the debt without harming honest investors while also avoiding excessive payments that […]

Continue Reading

ExxonMobil Returns to Venezuela

Julio A. López, Editor-in-Chief.- According to highly reliable sources linked to the U.S. Department of Energy, the American government has reportedly reached an agreement with ExxonMobil to facilitate its return to oil production activities in Venezuela. The move could become one of the most symbolic and strategic developments in the global energy industry. As discreet […]

Continue Reading