U.S. State Department highlights progress on political and judicial reforms following third round of negotiations

The Daily Journal.- The U.S. Department of State highlighted progress on political and judicial reforms and civil liberties following the conclusion of the third round of negotiations between Delcy Rodríguez’s interim government and the opposition delegation linked to the National Assembly elected in 2015, led by Dinorah Figuera. In a statement released Thursday, the Donald […]

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Rubio concludes India visit after discussing Venezuelan crude oil processing

EFE – U.S. Secretary of State Marco Rubio departed India on Thursday after a visit focused on expanding energy cooperation and promoting the processing of Venezuelan oil at Indian refineries, as Washington seeks to diversify global crude oil supplies. “I just left India after advancing our economic and strategic priorities in the region,” Rubio said […]

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Venezuela’s power grid generates less than 40% of its installed capacity, expert says

Venezuela has an estimated installed capacity of 34 gigawatts (GW) but generates approximately 13 GW against demand of 16 GW. Underinvestment, infrastructure failures, and the loss of skilled personnel are hindering the country’s industrial recovery. The Daily Journal – Venezuela’s electricity system generates approximately 13 gigawatts (GW), less than 40% of its estimated installed capacity […]

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U.S. seeks to resolve sanctions-related obstacles to expand Venezuelan crude oil refining in India

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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Multinational oil companies step up hiring in Venezuela’s oil fields: Weatherford, Baker Hughes, Halliburton and SLB lead the return

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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Venezuela expects to attract $76 billion in oil investments over the next five years

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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School year begins amid earthquake damage and teachers’ demands

The Daily Journal.— Venezuela begins the 2026-2027 school year this Monday, Sept. 14, with more than six million students expected to return to classrooms. The government says 27,000 educational institutions are ready to welcome them, while the Venezuelan Federation of Teachers (FVM) warns about infrastructure deficiencies, low salaries and the loss of labor benefits. Students […]

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Opposition delegation led by Dinorah Figuera returns to Caracas for second round of talks

The Daily Journal.- The opposition delegation from Venezuela’s 2015 National Assembly, led by Dinorah Figuera, returned to Caracas from Madrid to begin a second round of negotiations with the Delcy Rodríguez administration as part of a U.S.-backed dialogue process aimed at establishing a roadmap toward a democratic transition in Venezuela. Upon her arrival, Figuera said […]

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Half of Venezuelans believe the oil deal will benefit the U.S. more than Venezuela

The Daily Journal. — Half of Venezuelans believe the recent oil agreement with Washington will benefit the United States more than Venezuela, according to the latest public opinion survey conducted by AtlasIntel in partnership with Bloomberg (Latam Pulse, August 2026). The study assessed citizens’ perceptions of the bilateral agreement announced by President Donald Trump involving […]

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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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