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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KEO Capital’s U.S. subsidiary will manage the joint venture’s technical operations in the Lake Maracaibo Basin. Julio A. López, Editor-in-Chief — KEO Energy, the U.S. subsidiary of KEO Capital specializing in oil and gas, is expanding its presence in Venezuela’s oil industry through an agreement with Petróleos de Venezuela (PDVSA) to manage PetroUrdaneta. This joint […]
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By José Leonardo Salazar With the imminent consolidation of the El Niño climate phenomenon across the region and the approaching onset of a dry season that threatens to be more severe than usual, specialists and social organizations agree that authorities and communities need to be alerted. The goal: to immediately promote and implement a National […]
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The former Caracas metropolitan mayor views the dialogue between the acting government and the 2015 National Assembly as a first step toward restoring the country’s institutions. Still, he warns that the process must also address social demands. The Daily Journal.- Former Caracas Metropolitan Mayor Juan Barreto believes that the dialogue between Venezuela’s acting government and […]
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Federal Judge Alvin Hellerstein postponed the trial until June 14, 2027, after defense attorneys requested additional time to prepare their response to the new indictment. The Daily Journal.— Nicolás Maduro and his wife, Cilia Flores, pleaded not guilty Thursday to new charges of conspiracy to commit torture during a hearing before Federal Judge Alvin Hellerstein […]
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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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A technical workshop brought together public institutions, universities, and environmental organizations to validate indicators for the country’s upcoming national report to the United Nations Convention to Combat Desertification. The Daily Journal.- Venezuela made progress in reviewing technical and methodological criteria for measuring land degradation during a workshop held on October 13 at the headquarters of […]
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Delcy Rodríguez’s administration also submitted the National Annual Operating Plan. The parliamentary committees on Economy, Finance, and Oversight will review the proposals. The Daily Journal.- Venezuela’s acting government submitted the national budget, borrowing, and operating plan proposals for fiscal year 2027 to the National Assembly on Wednesday. Sectoral Vice President for Planning Ricardo Menéndez presented […]
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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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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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