oil concessions Archives - The Daily Journal

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

October 22, 2026October 22, 2026Tatiana Da GamaLeave a Comment

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 […]

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

September 8, 2026September 8, 2026Tatiana Da GamaLeave a Comment

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 […]