Rubio calls U.S.-Venezuela oil deal a “major win,” projects $100 billion in investment

The Daily Journal. — U.S. Secretary of State Marco Rubio on Friday endorsed the bilateral energy agreement with Venezuela, which gives Washington majority control over 17 strategic oil fields with proven potential of 65 billion barrels of reserves. “This agreement is a major win for both the American and Venezuelan people,” the top U.S. diplomat […]

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Venezuela confirms agreement with U.S. on 65 billion barrels of oil reserves

The Daily Journal. — The Venezuelan government confirmed Friday night that it had signed an energy agreement with the United States that opens the development of “17 strategic fields, with proven potential of 65 billion barrels of oil” to private operators. In an official statement posted on social media, acting President Delcy Rodríguez described the […]

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Trump announces deal giving U.S. majority control over more than 65 billion barrels of proven oil reserves

The Daily Journal. — U.S. President Donald Trump announced Friday that Washington had reached an energy agreement with the Venezuelan government that he described as “the largest oil deal in world history,” under which U.S. companies will assume majority control over more than 65 billion barrels of proven crude oil reserves. In a message posted […]

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U.S. negotiates stake in Venezuelan oil fields, Axios reports

The Daily Journal – The Donald Trump administration is holding advanced talks with Venezuela’s interim government to acquire an equity stake in the South American country’s oil fields under a deal that official sources describe as “massive,” digital news outlet Axios reported Thursday. If the parties finalize the deal, it would cover more than a […]

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Provea warns eliminating checkpoints will not dismantle corruption or police abuse

The Daily Journal. — The nongovernmental organization Provea warned that acting President Delcy Rodríguez’s decision to eliminate police and military checkpoints in urban areas across the country will not suffice to dismantle the corruption, extortion and abuse of authority associated with these control points. Provea said the measure, which authorities presented as a plan to […]

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Ministry of Education to relocate students from 91 schools affected by earthquakes

The Daily Journal.- The government will relocate students from 91 schools affected by the June 24 earthquakes during the upcoming academic year, Education Minister Héctor Rodríguez said Tuesday. During an event in Caracas alongside acting President Delcy Rodríguez, the minister explained that 11 schools collapsed, while the other 80 sustained structural damage. Starting on September […]

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Workers are fed up with the elites and are organizing on their own: No one gets a blank check

Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America This weekend, workers from across the country gathered in Caracas. Curiously, neither influencers nor journalists paid by the rival opposition factions said a word about it. They look the other way and clear their throats uncomfortably. Representatives from the main branches of […]

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The cost of school uniforms in 2026: How much families need to spend and where to shop to save

Outfitting a child for the return to school can require an initial investment of between US$40 and US$60 The Daily Journal.- As the new school year approaches, Venezuelan families face one of the most significant back-to-school expenses: school uniforms. Between polo shirts, pants, and shoes, outfitting a student can take a considerable bite out of […]

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Government has allocated just 8.4% of homes promised to earthquake victims

The Daily Journal.- The Venezuelan government has allocated 335 new homes to families affected by the June 24 earthquakes, representing 8.4% of the 4,000 homes that Delcy Rodríguez’s administration has pledged to deliver before the end of 2026. “We have delivered 335 new homes, benefiting 1,172 people, and restored 1,001 homes, benefiting 3,503 people,” Rodríguez […]

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