The Daily Journal – Colombia’s Constitutional Court recently halted the implementation of the Memorandum of Understanding signed one year ago by the governments of Gustavo Petro and Nicolás Maduro to create a Binational Special Economic Zone. The court ruled that the agreement must follow the constitutional procedure required for international treaties and cannot take effect […]
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The Daily Journal. — The Venezuelan-American Chamber of Commerce and Industry (VenAmCham) and the United Nations Development Program (UNDP) signed a Memorandum of Understanding to strengthen institutional cooperation, encourage responsible investment, and expand private-sector participation in economic and social development initiatives across Venezuela. The agreement establishes a collaborative framework to connect VenAmCham’s member companies with […]
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The Daily Journal — Petróleos de Venezuela S.A. (Pdvsa) and Spanish energy corporation Repsol signed a new Memorandum of Understanding on oil and gas cooperation this Tuesday at Miraflores Palace in Caracas. According to official information, the agreement seeks to drive a large-scale revival of Venezuela’s hydrocarbon industry. Officials finalized the deal during a high-level […]
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The Daily Journal — U.S. oilfield services giant SLB (formerly Schlumberger) announced on Wednesday the signing of a long-term framework agreement with state-owned Petróleos de Venezuela, S.A. (PDVSA). The agreement aims to establish the strategic foundations for the revitalization, technological modernization, and operational optimization of Venezuela’s hydrocarbon industry. Through a memorandum of understanding, the two […]
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