Did someone pull a fast one on Delcy? Oil deal with the U.S. shields private partners without guaranteeing revenue for Venezuela

The Daily Journal – A recent investigation by U.S. news outlet ProPublica has revealed critical details about a new energy agreement in the region. The oil deal promoted by U.S. President Donald Trump with Venezuela protects the interests of private businesspeople. Still, it does not explicitly require the payment of $209 billion in taxes and […]

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Donald Trump says it would be “interesting” to see Delcy Rodríguez and María Corina Machado compete in potential elections

The Daily Journal — U.S. President Donald Trump said Monday that it would be “interesting” to see Venezuela’s interim President Delcy Rodríguez and opposition leader María Corina Machado compete in potential elections. “Well, that would be interesting,” Trump told reporters at the White House when they asked whether he would like to see the two […]

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Delcy Rodríguez: oil agreement with U.S. will contribute to hemisphere’s energy balance

The acting president defended energy security before the UN and questioned “forced decarbonization timelines” over their impact on production, employment, and prices. The Daily Journal.- Venezuela’s acting president, Delcy Rodríguez, told the 81st United Nations General Assembly on Wednesday that international stability depends on resolving the so-called “energy trilemma” and highlighted the recent bilateral agreement […]

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The London Consensus and Venezuela: keys to a new economic model

The London Consensus advocates a strong state, influential labor unions, and well-being as a central priority. As Venezuela transitions, this framework offers a roadmap to overcome the inherited collapse and avoid repeating past mistakes. The Daily Journal.- Following the events of January 3, 2026, when U.S. forces removed President Nicolás Maduro, and the recent oil […]

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Donald Trump and Delcy Rodríguez meet in New York

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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What comes after the oil deal? From a secret contract to accountability

Neirlay Andrade.— The historic oil agreement signed by Acting President Delcy Rodríguez’s administration and the White House has left a trail of doubts and questions in its wake. It could hardly be otherwise: the document committing the fate of one-fifth of Venezuela’s proven crude oil reserves remains secret. This detail has cooled the optimism that […]

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Oil under secrecy: U.S. deal raises questions about parliamentary oversight

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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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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Venezuela will lose at least $500 million a year under U.S. oil deal

The Daily Journal. — Economist Francisco Rodríguez questioned the financial structure of the agreement signed with the United States to develop 17 Venezuelan oil fields. He warned that, based on the terms publicly presented so far, Venezuela would hand over strategic assets and supply crude oil under preferential terms without receiving guarantees in return. In […]

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Héctor Obregón says U.S. oil deal can be renewed “for as long as necessary”

The Daily Journal — Petróleos de Venezuela (PDVSA) President Héctor Obregón said Monday that the oil agreement with the United States involves three parties and allows renewals for as long as necessary. However, the underlying contract sets an initial 25-year term. “The contract has a 25-year term, but legally, by mutual agreement, the parties can […]

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