EFE. — Texas has become the leading destination for Venezuelan crude oil entering the U.S. market, receiving 43% of total imports thanks to a refining infrastructure built over decades to process heavy crude grades such as those produced in Venezuela. According to S&P Global Commodity Insights data for June, Texas received 43% of the Venezuelan […]
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Reuters — Venezuela’s Paraguaná Refining Complex, in the country’s west, once symbolized the nation’s oil wealth and its ambition to transform vast crude reserves into fuels and export revenue. Today, however, the complex in Falcón state, with the capacity to process 955,000 barrels of crude per day (bpd), operates at only a fraction of its […]
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The Daily Journal — The humanitarian response for people affected by the June 24 earthquakes faces a major funding shortfall. The updated response plan led by the United Nations and humanitarian organizations has secured only 39% of the required funding, according to the Norwegian Refugee Council (NRC). The organization warned that as many as 1.3 […]
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The Daily Journal — Venezuela’s Supreme Tribunal of Justice (TSJ) has ordered Halliburton Servicios de Venezuela, S.A. to resume its productive operations through a precautionary measure issued in Ruling No. 327, corresponding to Case No. 2026-006. The decision follows a request filed by the company’s legal representatives on March 24, 2026. The ruling instructs the […]
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The Daily Journal — Venezuela’s Acting President Delcy Rodríguez announced Wednesday a special financing and subsidy program for families who lost their primary homes in the recent twin earthquakes. The initiative combines mortgage loans from public and private banks with direct government subsidies for home purchases. According to the Presidency, the program will allow displaced […]
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The Daily Journal — Venezuela’s National Telecommunications Commission (Conatel) announced that it held a working meeting with representatives of SpaceX/Starlink to advance the formalization and regulation of the U.S. company’s satellite internet service in Venezuela. According to a statement published on the agency’s social media accounts, both parties reviewed the technical, legal, and economic aspects […]
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The Daily Journal — U.S. President Donald Trump said the United States has received more than $13 billion from Venezuela since the military operation on January 3, when U.S. forces captured Nicolás Maduro and took control of the country’s political leadership. Speaking to reporters aboard Air Force One, Trump argued that the funds obtained from […]
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the long-awaited negotiations over what could become the largest sovereign debt restructuring in more than a decade. More than 15 investment funds have joined the Venezuela Creditors Committee since the United States captured former President Nicolás Maduro in early January, according to a person familiar with the matter. The arrival of new investors has strengthened […]
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EFE — The U.S. Department of the Treasury announced on Monday a temporary easing of certain financial oversight measures to allow U.S. institutions to facilitate authorized transactions related to Venezuela’s economic recovery and humanitarian assistance following the country’s recent earthquakes. Under the measure, the Treasury said the Financial Crimes Enforcement Network (FinCEN) will not take […]
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The Daily Journal — As escalating conflicts in the Middle East severely disrupt crude oil flows through the Persian Gulf and the Red Sea, Indian refineries have begun testing Venezuelan crude as a strategic alternative to secure the country’s energy supply, according to a report published by ETEnergyworld.com. An increase in Houthi attacks on commercial […]
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