Petronas Unveils New Oil Giant in Suriname

 Audio: https://clyp.it/ne1oh5te Julio A. López, Editor-in-Chief — Petronas, through its subsidiary Petronas Suriname E&P B.V., announced two new hydrocarbon discoveries and a successful appraisal well in Block 52, offshore Suriname, bringing its total number of successful wells in the country to eight and surpassing 1 billion barrels of oil equivalent in recoverable resources. Three Wells, Three […]

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Pentagon Intelligence Changes Plans for Venezuela

Listen to the editorial audio here: https://clyp.it/02cbhnwd Julio A. López, Editor-in-Chief .— Venezuela has for years ranked among the permanent strategic priorities of the U.S. intelligence community. For the National Security Agency, this means continuous, multidimensional monitoring of the country that goes far beyond ad hoc responses to political or humanitarian crises. The objective of this […]

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Trump Announces Blockade on Iran

Julio A. López, Editor-in-Chief. — President Donald Trump announced Monday that the United States is “reinstating” a blockade on Iranian vessels transiting the Strait of Hormuz and will impose a 20% transit fee based on the value of all cargo passing through the waterway, as the conflict with Iran intensifies following the collapse of peace […]

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Rules Determine Who Takes Advantage of the Opportunities

Listen to the audio of the Editorial Summary here: https://clyp.it/mdkelqzu Julio A. López, Editor-in-Chief. — Geology does not write checks, drill wells, or rebuild pipelines. Venezuela has oil and gas, including known oil and gas fields. The problem lies in converting that geological wealth into financeable projects, production, employment, taxes, and infrastructure. The legal reform opened […]

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Venezuela Expands Private-Sector Space in the Oil Sector

Audio summary of the news article: https://clyp.it/l3hja4yp PDF of the Regulations of the Organic Hydrocarbons Law: https://drive.google.com/file/d/1j6NvstM1su_GMrxLxW82bveTjvVBdm1X/view?usp=sharing Julio A. López, Editor-in-Chief. — Geology does not write checks, drill wells, or rebuild pipelines. Venezuela has oil and gas, including known oil and gas fields. The problem lies in converting that geological wealth into financeable projects, production, employment, taxes, […]

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Death Toll from Venezuela Earthquakes Increases to 1,450 During Rescue Phase

The Daily Journal.— On Sunday, Venezuelan authorities raised the death toll to 1,450 following the twin earthquakes that shook the north-central region of the country on June 24. Meanwhile, thousands of national and international rescue workers continue a race against time to locate survivors beneath the rubble. According to the official report, the number of […]

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Southern Command Moves Argentine Rescuers Toward Affected Areas

Audio: https://clyp.it/z5motevg Julio A. López, Editor-in-Chief.— U.S. Southern Command (SOUTHCOM) reported that Marine Corps MV-22 Osprey aircraft transported an Argentine urban search and rescue team (USAR) this Saturday to the areas most affected by the earthquakes that struck Venezuela on June 24. According to information released by SOUTHCOM, the operation is part of the humanitarian response […]

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U.S. Strengthens Humanitarian Aid to Venezuela from the Sea

Audio: https://clyp.it/41wj0y45 Julio A. López, Editor-in-Chief.—U.S. Southern Command (SOUTHCOM) reported that the littoral combat ship USS Billings (LCS-15) actively participates in international support operations for Venezuela following the devastating earthquakes of June 24. The ship operates in the Caribbean Sea as part of the humanitarian effort coordinated by the U.S. Government and serves as a platform […]

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UNDP Estimates Earthquake Damage in Venezuela at $6.7 Billion, equivalent to 6% of GDP

The United Nations Development Programme (UNDP) estimated that the two earthquakes recorded on June 24 in north-central Venezuela caused approximately $6.7 billion in direct material damage—an amount equivalent to nearly 6% of the country’s Gross Domestic Product (GDP)—according to a preliminary technical report based on satellite imagery. The evaluation was developed using the Rapid Digital […]

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Death toll from Venezuela earthquakes rises to 1,430

The Daily Journal.— On Saturday, Venezuelan authorities raised the death toll to 1,430 and the number of injured to 3,238 following the two earthquakes registered on June 24. Meanwhile, search and rescue operations continue amidst hundreds of aftershocks and a growing mobilization of international aid. The President of the National Assembly, Jorge Rodríguez, noted that […]

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