OFAC expands licensing framework for oil and electricity operations in Venezuela

The Daily Journal. — The United States updated on Monday the licensing framework governing certain commercial and investment activities related to Venezuela’s oil, gas, petrochemical, and electricity sectors through General Licenses 46E, 48D and 49B issued by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). The new provisions replace previous versions of those […]

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Colombia considers importing gas from Venezuela to ease shortage amid El Niño

The Daily Journal. — The Colombian government is evaluating several alternatives to offset the natural gas supply deficit in its domestic market amid the effects of the El Niño climate phenomenon, including importing gas from Venezuela, Minister of Mines and Energy María Nohemí Arboleda said. Speaking at a forum organized by the National Association of […]

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Venezuelan oil exports to U.S. surge 228%, reaching highest volume since 2018

The Daily Journal.- Venezuelan oil exports to the United States averaged 451,000 barrels per day through the week ending September 18, marking a 228% increase compared with the same period in 2025. According to preliminary data from the U.S. Energy Information Administration (EIA), Venezuela exported an estimated 117 million barrels of crude oil to the […]

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Delcy Rodríguez: oil agreement with U.S. will contribute to hemisphere’s energy balance

The acting president defended energy security before the UN and questioned “forced decarbonization timelines” over their impact on production, employment, and prices. The Daily Journal.- Venezuela’s acting president, Delcy Rodríguez, told the 81st United Nations General Assembly on Wednesday that international stability depends on resolving the so-called “energy trilemma” and highlighted the recent bilateral agreement […]

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The London Consensus and Venezuela: keys to a new economic model

The London Consensus advocates a strong state, influential labor unions, and well-being as a central priority. As Venezuela transitions, this framework offers a roadmap to overcome the inherited collapse and avoid repeating past mistakes. The Daily Journal.- Following the events of January 3, 2026, when U.S. forces removed President Nicolás Maduro, and the recent oil […]

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Vitol and Trafigura push for discounts on Venezuelan crude oil

The Daily Journal.- Major international oil trading companies Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates erode both companies’ profit margins. According to sources consulted by Reuters, the companies are seeking more favorable prices per barrel after maritime transportation costs surged in recent weeks. Higher shipping costs […]

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Trump defends military intervention in Venezuela and oil deal at UN: “to the victor belong the spoils”

The Daily Journal. — U.S. President Donald Trump defended the January military operation against Nicolás Maduro on Tuesday during the 81st session of the United Nations General Assembly and celebrated the recent energy agreement with Caracas, declaring before the international body that “to the victor belong the spoils.” During his address at the UN headquarters, […]

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“It will happen”: IMF confirms plans to open office in Venezuela

Kristalina Georgieva confirmed the decision after meeting with Delcy Rodríguez in New York The Daily Journal.- International Monetary Fund (IMF) Managing Director Kristalina Georgieva confirmed Monday that the organization will open an office in Venezuela during the first half of 2027, establishing a permanent presence in the country. Georgieva announced to Bloomberg News after meeting […]

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Delcy Rodríguez meets with IDB President in New York

The Daily Journal.— Venezuelan President Delcy Rodríguez held a bilateral meeting on Monday with Inter-American Development Bank (IDB) President Ilan Goldfajn in New York City. The meeting took place on the sidelines of the 81st session of the United Nations General Assembly (UNGA). According to official information, the meeting primarily aimed to explore mechanisms for […]

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Delcy Rodríguez meets with IMF Managing Director on the sidelines of UN General Assembly

The Daily Journal.— Venezuelan President Delcy Rodríguez held a bilateral meeting on Monday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the 81st United Nations General Assembly in New York. The meeting took place in a cordial diplomatic atmosphere. It primarily aimed to resume discussions that the two leaders initiated […]

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