Energy Security Archives - The Daily Journal

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

August 29, 2026August 29, 2026Tatiana Da GamaLeave a Comment

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 […]

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

August 27, 2026August 27, 2026Tatiana Da GamaLeave a Comment

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 […]

Indian refineries turn to Venezuelan oil amid Middle East crisis

July 28, 2026July 28, 2026Tatiana Da GamaLeave a Comment

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 […]