Chevron Warns Venezuela Must Cut Taxes and Royalties to Attract New Oil Capital

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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Venezuela Reports Record Coffee Harvest of 4 Million Quintals

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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Venezuela Launches Technological Complex to Process Hydrocarbon Industry Data

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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Rubio’s Statements on Venezuelan Oil Exports Contrast with OPEC Data

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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Suriname Accelerates Its Energy Race

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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Exxon Moves Toward the Gulf of Paria

Audio :  https://clyp.it/4fqav54m  Julio  A.  López,  Editor-in-Chief  —  The  expansion  of  ExxonMobil  and  Occidental  Petroleum  (OXY)  into  the  ultra-deepwater  Ultra  Deep  1  block,  located  offshore  from  Trinidad  and  Tobago  and  geologically  connected  to  the  prolific  Guyana-Suriname  Basin,  is  not  merely  another  Caribbean  oil  project.  For  Venezuela,  this  move  could  become  one  of  the  most significant […]

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Delcy Rodríguez: “We Will Surpass 500 Releases in the Next Few Hours”

The Daily Journal.- Venezuela’s interim president, Delcy Rodríguez, announced on Friday that at least 500 prisoner releases would be carried out “in the next few hours” in the country. The statement was made during a meeting presenting the progress report on the implementation of the Law on Amnesty for Democratic Coexistence, attended by National Assembly […]

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U.S. Conducts Aerial Military Exercise Over Caracas Under Southern Command Supervision

The Daily Journal.- Two MV-22B Osprey aircraft belonging to the United States Marine Corps flew over Caracas this Saturday to carry out a military exercise at the facilities of the U.S. Embassy in the Venezuelan capital. Through the diplomatic mission’s official social media account, it was explained that the deployment aimed to “ensure the military’s […]

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Manuel Sutherland: “A Lengthy Audit and Exhaustive Investigation of Venezuela’s Debt, Every Bond, Paper, and Ticket, Is Necessary if Payment Is to Be Made”

Yahvé Álvarez.- “A lengthy audit and an exhaustive investigation of Venezuela’s debt, of every bond, paper, and ticket, would be necessary in the event of repayment, and that would require at least eight or nine months, which would be ideal to thoroughly examine the debt without harming honest investors while also avoiding excessive payments that […]

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Venezuelan Government Authorizes U.S. Overflights in Caracas

The Daily Journal.- Venezuela’s Minister of Foreign Affairs, Yván Gil, announced this Thursday through an official statement that national authorities have granted permission to the Embassy of the United States of America to conduct a security and contingency exercise in the capital city next Saturday, May 23. “The Government of the Bolivarian Republic of Venezuela […]

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