Rubio calls U.S.-Venezuela oil deal a “major win,” projects $100 billion in investment

The Daily Journal. — U.S. Secretary of State Marco Rubio on Friday endorsed the bilateral energy agreement with Venezuela, which gives Washington majority control over 17 strategic oil fields with proven potential of 65 billion barrels of reserves. “This agreement is a major win for both the American and Venezuelan people,” the top U.S. diplomat […]

Continue Reading

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

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 […]

Continue Reading

Trump announces deal giving U.S. majority control over more than 65 billion barrels of proven oil reserves

The Daily Journal. — U.S. President Donald Trump announced Friday that Washington had reached an energy agreement with the Venezuelan government that he described as “the largest oil deal in world history,” under which U.S. companies will assume majority control over more than 65 billion barrels of proven crude oil reserves. In a message posted […]

Continue Reading

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

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 […]

Continue Reading

U.S. deports former GNB Colonel Rafael Quero Silva to Venezuela, accused of torturing opposition members

EFE.- The United States deported Rafael José Quero Silva to Venezuela, a former colonel in the Bolivarian National Guard (GNB) accused of participating in the detention and torture of dozens of political opponents during Nicolás Maduro’s government. Immigration and Customs Enforcement (ICE) detained Quero Silva in South Florida in February 2025. He served in the […]

Continue Reading

U.S. Authorizes Conatel and Cantv to Negotiate Contracts for New Investments

The Daily Journal.— The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) authorized on August 21, 2026, the negotiation and execution of contingent contracts aimed at bringing new investment into Venezuela’s telecommunications sector. The measure explicitly allows Venezuelan state entities, particularly the National Telecommunications Commission (CONATEL) and Compañía Anónima Nacional Teléfonos de […]

Continue Reading

U.S. plans to allocate $57 million to Venezuela’s National System of Youth and Children’s Orchestras and Choirs

The Daily Journal.- The U.S. Department of State, in collaboration with Congress, plans to provide $57 million in grants to support the recovery of Venezuela’s National System of Youth and Children’s Orchestras and Choirs (El Sistema) and complete an 18,000-square-meter Teacher Training Center in Venezuela, the U.S. Embassy in Caracas said Thursday. The funding will […]

Continue Reading

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

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 […]

Continue Reading

U.S. delivers 20 machines to speed up debris removal after earthquakes

The Daily Journal.- The United States delivered 20 remotely operated heavy machines to Venezuela to speed up the removal of debris left by the June 24 earthquakes, according to John Barrett, Chargé d’Affaires at the U.S. Embassy in Caracas. The United States coordinated the delivery with U.S.-based TFI Solutions. The machines will operate in hard-to-reach […]

Continue Reading

U.S. reveals it receives more than 500,000 barrels of Venezuelan oil per day

The Daily Journal.— U.S. Deputy Secretary of Energy Kyle Haustveit revealed that the United States currently receives more than 500,000 barrels of oil per day from Venezuela, representing nearly 50% of the South American country’s total production. “In recent months, we have seen more than 500,000 barrels, roughly half of Venezuelan production, exported to the […]

Continue Reading