Juan Barreto proposes redirecting opaque military spending toward salaries and education

The Daily Journal.- Former Caracas Mayor Juan Barreto proposed redirecting part of Venezuela’s military spending, which he claims remains beyond public scrutiny, toward funding teachers’ salaries, retirees’ benefits, and educational programs. During his program No es Podcast Cosa, Barreto questioned the growth of what he described as “opaque” military spending and suggested allocating those resources […]

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PDVSA transfers stake in Lorán Field to BP and two other oil companies

The Daily Journal.— Venezuela authorized the transfer of a stake held by PDVSA Gas to a consortium comprising Britain’s BP, the UAE’s XRG and Qatar’s UCC Oil and Gas Holding to advance the exploration and production of non-associated natural gas in the Lorán Field, located in Block 2 of the Deltana Platform. The parties formalized […]

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