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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Merey crude oil rose 22% in September, reaching $93.75 per barrel

The Daily Journal.- The Merey component of the Organization of the Petroleum Exporting Countries (OPEC) Reference Basket averaged $93.75 per barrel in September, an increase of $16.93 from August, according to the organization’s monthly report. The change represents a monthly increase of approximately 22% in the price of this Venezuelan crude oil, which posted a […]

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Venezuelan oil accounts for 9% of India’s crude imports

Venezuela ranked among India’s leading oil suppliers in August, as the country imported an average of 4.5 million barrels per day. The Daily Journal.- Venezuelan oil accounted for 9% of India’s crude imports in August, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. The oil-producing group […]

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Workers submit more than 40,000 signatures at Miraflores Palace to demand higher wages

Unions demanded that authorities calculate year-end bonuses based on total compensation, pay benefits to active and retired employees, and negotiate new salary scales. They warned that workers could shut down healthcare facilities if authorities fail to respond. The Daily Journal.- Labor unions representing Venezuela’s healthcare and education sectors submitted more than 40,000 signatures at Miraflores […]

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Juan Barreto asks who will be “the new RECADI Chinito” amid secrecy surrounding business deals in Venezuela

The political leader questioned the lack of transparency surrounding transactions under the Anti-Blockade Law and warned of the risk of repeating corruption schemes involving public resources. The Daily Journal.- Political leader Juan Barreto raised the question of who might become “the new RECADI Chinito,” referring to the growing number of business deals and transactions that, […]

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Brazil and Venezuela drive oil demand growth in Latin America

Regional consumption increased by 170,000 barrels per day year over year in July, with both countries accounting for more than half of the growth, according to OPEC’s monthly report released Tuesday. The Daily Journal.- Brazil and Venezuela accounted for more than half of the year-over-year growth in Latin America’s oil demand in July, as regional […]

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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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Concrete cities: The urgent need to protect urban trees in Venezuela

Leonardo Salazar “We all want to enjoy nature, but not all of us are willing to take care of it.” This maxim takes on alarming relevance when walking through the streets of Venezuela’s major cities. What should be a vital ecological asset for public health has become the target of a silent yet devastating practice: […]

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Spain’s Civil Guard investigates whether Delcy Rodríguez supplied gold to finance PSOE

The Daily Journal.- The Central Operational Unit (UCO) of Spain’s Civil Guard is investigating whether Venezuela’s acting president, Delcy Rodríguez, supplied gold to illegally finance the Spanish Socialist Workers’ Party (PSOE). According to a report by El Español, the alleged deliveries took place in 2020. They involved 24-karat gold coins bearing the likeness of Simón […]

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