Half of Venezuelans believe the oil deal will benefit the U.S. more than Venezuela

The Daily Journal. — Half of Venezuelans believe the recent oil agreement with Washington will benefit the United States more than Venezuela, according to the latest public opinion survey conducted by AtlasIntel in partnership with Bloomberg (Latam Pulse, August 2026). The study assessed citizens’ perceptions of the bilateral agreement announced by President Donald Trump involving […]

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Colombia to coordinate with U.S. on actions along Venezuelan border

The Daily Journal — Colombia’s president said Bogotá discussed the situation in Venezuela during his meeting with U.S. Secretary of State Marco Rubio and stressed that developments in the neighboring country have direct consequences for Colombia. The president said Venezuela “is not a distant issue” for Colombia, particularly because the two countries share more than […]

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Venezuela negotiates more than 30 new cooperation agreements with Vietnam

The Daily Journal. — Venezuela’s Acting President Delcy Rodríguez said Monday that Caracas is negotiating more than 30 new cooperation agreements with Vietnam in areas including energy, agriculture, telecommunications and culture. Rodríguez said the two countries maintain an extensive bilateral agenda, with dozens of agreements already in effect and new instruments currently under negotiation. “We […]

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U.S. expects Venezuela to double oil production in less than five years

The Daily Journal.— The Donald Trump administration expects new investments and energy agreements between the United States and Venezuela to double Venezuelan oil production in less than five years, according to a U.S. Department of Energy fact sheet released Friday by the U.S. Embassy in Caracas. The document presents agreements signed this week with companies […]

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GE Vernova plans to add one gigawatt of new power capacity within two years

CARACAS — GE Vernova expects to bring one gigawatt of new, reliable power generation capacity online in Venezuela within the first 24 months of implementing its agreement to modernize and expand the country’s energy infrastructure, according to a fact sheet released Friday by the U.S. Embassy. The projection is part of a broader plan to […]

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Venezuela and Trinidad and Tobago turn the page and agree to revive energy cooperation

The Daily Journal — The governments of Venezuela and Trinidad and Tobago formally launched a new stage in their diplomatic relations after signing a bilateral working agenda aimed at restoring cooperation in energy, trade and border security. The agreement followed an official visit to Caracas by Trinidad and Tobago’s Minister of Foreign and CARICOM Affairs, […]

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Venezuela consolidates position as Latin America and the Caribbean’s Third-Largest oil producer

The Daily Journal.— Venezuela ranked as the third-largest oil producer in Latin America and the Caribbean in April, accounting for 11% of the region’s crude output, according to the latest report from the Latin American Energy Organization (Olacde), cited by EFE. Regional oil production reached 318 million barrels in April, up 10% from the same […]

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GE Vernova plans to create more than 1,000 local jobs to restore oil industry power grid

The Daily Journal.— General Electric (GE) Vernova plans to create more than 1,000 local jobs as part of a strategic partnership signed Wednesday to restore and stabilize electrical infrastructure supporting Venezuela’s oil industry, a senior executive from the U.S. company announced during a ceremony at Miraflores Palace. GE Vernova Venezuela President Carlos Mousadi and Petróleos […]

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China will have no rights to new Venezuelan oil production revenue, U.S. Energy Secretary says

A day earlier, Beijing demanded respect for its energy agreements with Venezuela The Daily Journal.- U.S. Energy Secretary Chris Wright said China will have no rights to collect revenue from Venezuela’s new oil production as efforts move forward to restructure the Caribbean country’s massive debt. In an interview with Bloomberg Television from Caracas, the U.S. […]

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Gilinski takes control of GeoPark and assumes operations at Bare block in the Orinoco Oil Belt

The Daily Journal.- Oil company GeoPark announced its strategic entry into Venezuela’s oil industry through the acquisition and development of the Bare block, located in the Orinoco Oil Belt, in a transaction that will make the Gilinski Group the company’s controlling shareholder. According to Bloomberg, the transaction includes a 25-year Production Participation Contract (CPP) with […]

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