Delcy Rodríguez meets with Dinorah Figuera following third round of dialogue

The Daily Journal.- Venezuela’s acting president, Delcy Rodríguez, met with Dinorah Figuera on Thursday night at Miraflores Palace following the conclusion of the third round of talks that the United States has promoted between Chavismo and an opposition faction represented by the 2015 National Assembly. Jorge Rodríguez, president of the National Assembly and head of […]

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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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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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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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U.S. considers easing sanctions on “shadow fleet” to lower shipping costs

The Daily Journal.- The U.S. government is considering easing sanctions on vessels belonging to the so-called “ghost fleet” or “shadow fleet,” which have transported oil and petroleum products from Russia, Iran, and Venezuela, in an effort to reduce global shipping rates. President Donald Trump’s administration aims to reduce distribution disruptions caused by record-high maritime freight […]

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Pequiven exports 30,000 tons of fertilizers to the U.S.

The Daily Journal.- Petroquímica de Venezuela (Pequiven) completed the export of 30,000 metric tons of fertilizers to the United States through XTS Commodities, a subsidiary of U.S.-based Xtellus Partners, according to John Barrett, the U.S. chargé d’affaires in Caracas. “It was excellent to see the export of 30,000 metric tons of Pequiven fertilizers to the […]

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Judge summons Nicolás Maduro and Cilia Flores to Thursday hearing on new torture charges

The Daily Journal.- Judge Alvin Hellerstein scheduled a hearing in New York for October 15, at which ousted Venezuelan leader Nicolás Maduro and his wife, Cilia Flores, must respond to new charges of conspiracy to commit torture that U.S. prosecutors filed last week. According to an order the judge issued Wednesday and entered into the […]

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NABEP deploys 11 new workover rigs and adds two drilling rigs in Venezuela

The Daily Journal.- North American Blue Energy Partners (NABEP) has begun deploying 11 new oil well maintenance rigs (workover rigs) in Venezuela, along with two 1,500-horsepower drilling rigs that arrived in the country on October 7, the company announced in a statement. According to NABEP, this marks the first time in more than 15 years […]

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Third round of U.S.-backed political dialogue begins Wednesday

The talks will focus on political and civil guarantees to lay the groundwork for a potential electoral process. The Daily Journal.- The opposition delegation participating in talks with Chavismo met Tuesday to prepare the agenda for the third round of negotiations, scheduled to begin Wednesday. The discussions aim to advance an agreement on political and […]

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Venezuela increases oil production to 1.15 million barrels per day

The Daily Journal.- Venezuela increased its oil production to 1.15 million barrels per day in September, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. OPEC data show steady growth over the past three months. Production rose from 1.125 million barrels per day in July to 1.133 […]

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