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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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 – 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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The Daily Journal.- U.S. President Donald Trump and Venezuela’s acting president, Delcy Rodríguez, held their first in-person meeting on Tuesday in New York on the sidelines of the 81st session of the United Nations General Assembly. The meeting took place at the Lotte New York Palace Hotel, where Trump hosted a reception for foreign leaders […]
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The Daily Journal.— Halliburton signed memorandums of understanding with Brazil’s Eneva and WESCA to evaluate oil and gas development opportunities in Venezuela as international companies seek to position themselves in the country’s energy sector. The agreements cover asset evaluation, development planning, and subsurface analysis. However, the companies have not announced any investments, committed capital amounts, […]
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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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The Daily Journal — The governments of Venezuela and Trinidad and Tobago formally launched a new stage in their diplomatic relations after signing a bilateral working agenda aimed at restoring cooperation in energy, trade and border security. The agreement followed an official visit to Caracas by Trinidad and Tobago’s Minister of Foreign and CARICOM Affairs, […]
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The Daily Journal. — Venezuela’s National Assembly on Tuesday approved a resolution supporting the binational energy agreement announced by Caracas and Washington, an initiative that places at least 65 billion barrels of Venezuela’s proven oil reserves under the control of U.S. companies. The ruling bloc backed the resolution, while opposition lawmakers distanced themselves from the […]
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Beijing called Tuesday for safeguards for its interests in fields operated by Chinese companies such as Sinopec and CNPC. The Daily Journal.- The Chinese government on Tuesday demanded protection for its interests in Venezuela following reports that, under the oil agreement between Caracas and Washington, U.S. companies could take control of several fields currently operated […]
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The Daily Journal.— U.S. President Donald Trump on Monday avoided taking a position on Venezuela’s potential withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), saying the decision rests with Caracas despite the new energy agreement that deepens oil cooperation between the two countries. “Well, I don’t know. That’s up to them,” Trump said […]
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