By Julio A. López. Audio: https://clyp.it/sxc5j3do Caracas, June 4, 2026 — Chevron has sent a clear message to the international energy market: Venezuela still offers extraordinary oil potential, but new investment will depend on big changes to the fiscal framework that governs the industry. Chevron CEO Mike Wirth said in a Bloomberg interview today that the […]
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The Daily Journal — Five months after a U.S. military operation ended with the capture of then-President Nicolás Maduro and his wife, Cilia Flores, Washington’s top military leadership returned to Caracas in a visit aimed at demonstrating strategic continuity in the new phase of relations between the two countries. Chairman of the U.S. Joint Chiefs […]
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The Daily Journal — The recent reform of Venezuela’s Organic Hydrocarbons Law has sparked an intense debate about the future of the country’s primary source of income. While the government argues that the changes aim to attract investment and increase oil production, energy economists warn that the new framework significantly reduces the state’s share of […]
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The Daily Journal — Venezuela’s acting president, Delcy Rodríguez, arrived at Palam Airport in New Delhi on Wednesday to begin a high-level official agenda in the Republic of India. According to the official press report, the trip aims to “strengthen ties and establish cooperation mechanisms in the economic, commercial, cultural, technological, industrial, and healthcare sectors.” […]
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The Daily Journal — In a strategic shift for the country’s energy policy, the National Assembly unanimously approved the Partial Reform Bill of the Organic Law of the Electric System and Service during its first debate on Thursday. The national executive submitted the bill, which opens the sector to private and mixed capital under a […]
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The Daily Journal. — Chevron Corporation CEO Mike Wirth warned that Venezuela needs to urgently reduce corporate taxes and oil production royalties if the country wants to attract fresh investment capital next year. During an interview with Bloomberg TV, Wirth explained that current fiscal conditions severely limit international operators’ profit margins and weaken Venezuela’s competitiveness […]
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The Daily Journal. — Venezuela recorded a coffee harvest of approximately four million quintals during the 2025–2026 cycle, interim president Delcy Rodríguez announced this weekend, attributing the result to stronger community production organizations and government support for the agricultural sector. The announcement took place during the First Meeting of the 2026 Communal Coffee Plan, held […]
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The Daily Journal. — The Venezuelan government has launched a new technical infrastructure to centralize and safeguard strategic information related to the country’s energy resources. Interim President Delcy Rodríguez inaugurated the Hydrocarbon Technology and Data Management Center last Friday, a complex designed to strengthen sovereignty, data processing, and governance across the national oil, gas, and […]
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The Daily Journal. — Recent statements from U.S. Secretary of State Marco Rubio regarding Venezuelan oil exports to the American market have raised questions when compared with production figures published by the Organization of the Petroleum Exporting Countries (OPEC). During a public appearance in which he reviewed Washington’s policy toward Venezuela, Rubio stated that the […]
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Julio A. López.- While Guyana continues to attract the attention of the global energy industry through giant discoveries led by ExxonMobil, Suriname is moving quickly to establish itself as the next major player in the Guyana-Suriname Basin, one of the most promising petroleum regions on the planet. Industry attention now focuses on Block 52, a […]
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