Maiquetía Airport resumes operations with eight flights

EFE.- Venezuela’s main airport, Simón Bolívar International Airport in Maiquetía, resumed operations on Tuesday with temporary terminals and a scheduled itinerary of four international arrivals and four departures, Transport Minister Francisco Garcés announced. Speaking to reporters from the airport, Garcés estimated that the resumption of flights will restore 25% of the operations that Maiquetía handled […]

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China demands protection of its oil interests in Venezuela following U.S. deal

Beijing called Tuesday for safeguards for its interests in fields operated by Chinese companies such as Sinopec and CNPC. The Daily Journal.- The Chinese government on Tuesday demanded protection for its interests in Venezuela following reports that, under the oil agreement between Caracas and Washington, U.S. companies could take control of several fields currently operated […]

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Trump avoids taking position on Venezuela’s potential exit from OPEC

The Daily Journal.— U.S. President Donald Trump on Monday avoided taking a position on Venezuela’s potential withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), saying the decision rests with Caracas despite the new energy agreement that deepens oil cooperation between the two countries. “Well, I don’t know. That’s up to them,” Trump said […]

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White House: Venezuela oil deal will secure U.S. energy dominance for a century

The Daily Journal. — The White House said Monday that the oil agreement reached with Venezuela will allow the United States to secure its “energy dominance for the next century” at no cost to American taxpayers. “This deal secures our energy dominance for the next century, all at zero cost to the United States,” President […]

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Fiscal concerns and lack of transparency shape economists’ debate over U.S.-Venezuela oil deal

The Daily Journal – The announcement of the oil agreement between Venezuela’s Acting President Delcy Rodríguez and U.S. President Donald Trump has sparked widespread debate among the country’s economists. Unlike the critical consensus among former oil ministers, economic experts have expressed a broader range of views, from deep fiscal skepticism to cautious optimism and open […]

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Delcy Rodríguez projects 1.5 million barrels per day under new oil agreement with U.S.

CARACAS — Venezuela’s acting president, Delcy Rodríguez, said Saturday night that the energy agreement with the United States calls for the development of 17 strategic oil fields and aims to reach production of more than 1.5 million barrels per day over its 25-year term. In a statement shared on social media, Rodríguez provided new financial […]

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Former Venezuelan oil ministers reject U.S. agreement, raising legal and sovereignty concerns

The Daily Journal – The announcement of the oil agreement between Venezuela’s acting president, Delcy Rodríguez, and U.S. President Donald Trump has triggered a wave of criticism from figures who have held some of the highest positions in Venezuela’s energy sector. Former oil ministers and former PDVSA presidents from across the ideological spectrum have questioned […]

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Trump says he will refill U.S. strategic reserves “very soon” with Venezuelan oil

The Daily Journal. — U.S. President Donald Trump said Sunday that his administration will soon use Venezuelan crude to replenish the country’s strategic energy reserves following the recent bilateral agreement that gives U.S. companies operational control over one-fifth of the South American country’s proven reserves. In a post on his Truth Social platform, Trump lashed […]

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The illusion of the messiah

Héctor Sánchez, Sociologist. — It seems that most Venezuelans are waiting for the arrival of a Messiah or some providential savior who will come and, with the stroke of a pen, resolve the profound crisis afflicting us. This attitude carries serious sociological and political implications. First, because Venezuela’s history is riddled with messianic strongmen whose […]

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Pentagon plans to acquire 35% stake in oil company with rights to 17 Venezuelan fields, WSJ reports

The Daily Journal. — The U.S. Department of War plans to acquire a 35% non-controlling stake in a private company that holds rights to develop oil fields in Venezuela, a move that would mark an unusual expansion of the U.S. government’s direct involvement in an energy project in the country, The Wall Street Journal reported […]

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