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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The organization forecasts a 23% increase for Venezuela, the second-highest in Latin America and the Caribbean, amid rising international commodity and hydrocarbon prices. The Daily Journal — Venezuela will record a 23% improvement in its terms of trade in 2026, one of the largest increases in Latin America and the Caribbean, driven by export price […]
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The Daily Journal. — Improving regulatory efficiency and separating the functions of the state-owned oil company from those of the regulatory agency played a decisive role in expanding investment in Angola’s hydrocarbon sector, according to Geraldine Geraldo, Commercial and Strategy Director at Corcel PLC. During the panel “Attracting Upstream Investment in a Competitive World: Global […]
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The Daily Journal. — Venezuela needs to review the tax burden on its hydrocarbon industry to compete for international investment, according to Cristina Tovar, executive president of the Venezuelan Hydrocarbons Association (AVHI), who noted that the sector once operated under a government take of as much as 93%. “We came from a flat 93% government […]
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The Daily Journal. — The Colombian government is evaluating several alternatives to offset the natural gas supply deficit in its domestic market amid the effects of the El Niño climate phenomenon, including importing gas from Venezuela, Minister of Mines and Energy María Nohemí Arboleda said. Speaking at a forum organized by the National Association of […]
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The Daily Journal.- U.S. oil company Continental Resources signed a memorandum of understanding (MOU) with Venezuelan state-owned oil company PDVSA to develop and operate the Ayacucho 2 block in the Orinoco Oil Belt. PDVSA Executive Vice President Jovanny Martínez and Continental Resources founder Harold Hamm signed the agreement in Houston during the G20 Energy Ministers’ […]
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The reform of the Organic Hydrocarbons Law reduced the National Assembly’s role in approving oil deals. At the same time, the technical terms of the agreement announced between Venezuela and the United States remain unpublished. Legal scholar Mariana Campos warns that parliamentary oversight has not disappeared; it must be exercised over implementation. Neirlay Andrade The […]
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The agreements cover fisheries and aquaculture, agri-food, civil aviation, tourism, hydrocarbons, higher education and specialized training The Daily Journal.- Venezuela and Suriname signed nine cooperation agreements and a joint declaration aimed at deepening bilateral relations, with commitments covering strategic sectors such as fisheries and aquaculture, agri-food, civil aviation, tourism and hydrocarbons. The two countries signed […]
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The Daily Journal.- Venezuelan organizations Clima21 and the Venezuelan Program for Education-Action in Human Rights (Provea) called on the government to establish environmental and human rights safeguards as it implements new oil agreements and licenses granted to U.S. companies. In a joint statement, the organizations expressed concern over the lack of public information about the […]
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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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