The Daily Journal — Venezuela’s oil exports have surged to 1.25 million barrels per day (bpd), marking the highest export volume the country has recorded in the past seven years. John Barrett, the U.S. diplomatic representative in Venezuela, disclosed the information in an official statement published on the U.S. Embassy’s X account in Caracas. According […]
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Reuters — Energy company IMPSA has made progress in renegotiating a contract to develop and rehabilitate two key hydroelectric projects in Venezuela, a move that could add up to 672 megawatts of generating capacity to the national power grid in the coming months, company President Jorge Salcedo told Reuters. More than a decade ago, IMPSA—originally […]
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The Daily Journal — Venezuela is preparing to host the Venezuela Energy Week international summit in October 2026, an energy-sector gathering through which the country hopes to attract up to $100 billion in investment as part of its strategy to revive the oil industry. The event will take place in Caracas from October 26 to […]
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The Daily Journal — The governments of Turkey and Venezuela agreed to deepen economic and commercial cooperation during a meeting held Monday between Venezuela’s acting president, Delcy Rodríguez, and Turkish President Recep Tayyip Erdoğan at the Dolmabahçe Presidential Office in Istanbul. According to the Turkish Presidency, both sides reviewed mechanisms to expand bilateral trade and […]
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The Daily Journal — José Gregorio Rodríguez, president of Consecomercio, said the business association raised the possibility of exploring a free trade agreement between Venezuela and the United States during a meeting with U.S. Chargé d’Affaires in Venezuela John Barrett, describing the initiative as an issue “that interests all of us.” Rodríguez explained that the […]
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José Gregorio Yépez Economists who follow Venezuela closely agree that the U.S. dollar exchange rate plays a central role in shaping the country’s current economic reality. Price behavior in Venezuela remains closely tied to fluctuations in the value of the U.S. currency in the local market. As a result, maintaining exchange-rate stability has become a […]
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As part of its international cooperation agenda, Acting President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, met in India with business leaders and representatives of Gujarat’s private industrial sector to forge strategic partnerships in the food and energy sectors that would benefit both countries. Executives from Amul participated in the meeting. The company ranks […]
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The Daily Journal — During her official visit to India, Venezuela’s Acting President Delcy Rodríguez toured the facilities of the Jamnagar Refinery on Friday for a technical inspection after completing a series of high-level political meetings in the Indian capital. Rodríguez’s visit to the world’s largest refining complex forms part of the Venezuelan government’s strategy […]
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The Daily Journal — Ricardo Menéndez, Venezuela’s Sectoral Vice President for Planning, held a bilateral meeting with Haitham Al Ghais, Secretary General of the Organization of the Petroleum Exporting Countries, during the 29th St. Petersburg International Economic Forum, which takes place in the Russian city from June 4 to 6. During the meeting, Al Ghais […]
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The Daily Journal — The International Monetary Fund (IMF) and representatives of the Venezuelan government held a high-level meeting in Washington last weekend to define areas for immediate technical cooperation. The meeting advanced efforts to resume the periodic bilateral consultations known as Article IV consultations, through which the IMF formally assesses the financial health of […]
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