Oil contracts Archives - The Daily Journal

Enrique Márquez defends phased transition and highlights U.S. role

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Political leader Enrique Márquez returned to the public spotlight on Thursday to defend the “stabilization, recovery and transition” roadmap that the United States has promoted for Venezuela. The former political prisoner acknowledged that Washington is overseeing the process and rejected criticism from those who consider the timetable “too slow.” During the presentation […]

Reuters: Oil companies have until July 28 to adopt Venezuela’s new legal framework

July 23, 2026July 23, 2026Tatiana Da GamaLeave a Comment

Reuters — Venezuela’s Ministry of Hydrocarbons has informed PDVSA’s partners that it intends to keep the July 28 deadline for migrating oil and gas contracts to the country’s new legal framework. The ministry has urged company executives to complete negotiations before that date, according to four sources. At the end of January, Venezuela’s National Assembly […]

PDVSA hires Greenberg Traurig to speed up oil deals

June 20, 2026June 20, 2026Tatiana Da GamaLeave a Comment

Bloomberg — Venezuela’s state-owned oil company, facing staffing shortages, has hired international law firm Greenberg Traurig to help streamline contract negotiations with numerous companies ahead of a key regulatory deadline in August. The law firm confirmed its relationship with Petróleos de Venezuela S.A. (PDVSA) in an emailed statement. “Greenberg Traurig is advising PDVSA on potential […]