U.S. Oil tycoon sells stake in Venezuelan oil company under Trump pressure

The Daily Journal.- Florida oil tycoon Harry Sargeant III agreed to sell his stake in a Venezuelan oil producer after the Trump administration exerted strong pressure on him to abandon his business interests in the country. According to Bloomberg, the parties signed the deal just hours before the U.S. Treasury Department announced measures against Sargeant’s […]

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Foreign Ministers of Venezuela and Spain hold phone call

The Daily Journal – Venezuelan Foreign Minister Félix Plasencia and his Spanish counterpart, José Manuel Albares, spoke by phone on Sunday. The conversation focused on bilateral issues and potential areas of cooperation as Venezuela moves through its reconstruction phase following the June 24 earthquakes. “Today I held a cordial and productive call with Spain’s Minister […]

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CNP in Venezuela documents 134 attacks against the press between January and July 2026

The Daily Journal.- CNP Caracas documented 134 attacks against the press between January and July 2026. A report from the monitoring unit of the organization’s Caracas chapter shows a sustained increase in censorship, arbitrary detentions and persecution targeting media workers in Venezuela. The National Association of Journalists (CNP), Capital District-Caracas chapter, warned about the systematic […]

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Business leaders demand reconstruction plan rely on Venezuelan companies

The Daily Journal – Nearly two months after the two major earthquakes that devastated parts of the country on June 24, the Venezuelan Confederation of Industrialists (Conindustria), the Venezuelan Chamber of Construction (CVC) and the United Nations Development Programme (UNDP) held a high-level meeting to define the operational and strategic phases of Venezuela’s Reconstruction Plan, […]

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Key points of Venezuela’s new legal framework for construction and rental housing

The Daily Journal.- Following the June 24 seismic event, concerns over housing safety, the future of construction projects, and protections for tenants and property owners have moved to the center of the legislative debate. Amid speculation about potential land seizures in high-risk areas or expedited evictions, lawmaker Alejandra Rodríguez, second vice president of the Special […]

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Recovery of Venezuela’s oil industry will require at least US$100 billion and a decade of work

The Daily Journal.- Rebuilding Venezuela’s energy infrastructure, which has suffered severe damage from corrosion and years of accumulated deterioration, will require multibillion-dollar investments that industry estimates place between US$100 billion and US$220 billion. Economist Francisco Monaldi, director of the Latin America Energy Program at Rice University’s Baker Institute for Public Policy, estimates that the minimum […]

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Venezuela and the African Energy Chamber deepen hydrocarbon cooperation

The Daily Journal – The Venezuelan government held a strategic working session in Caracas with representatives of the African Energy Chamber (AEC) to explore joint investment opportunities and strengthen the country’s oil and natural gas industry. Acting President Delcy Rodríguez led the meeting alongside Minister of Hydrocarbons Paula Henao and PDVSA President Héctor Obregón. NJ […]

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No shortcuts, no illusions: the political game returns to the negotiating table

By José Gregorio Yépez A new round of talks between the opposition and the government is about to begin. What can we expect? Judging by what Dinorah Figuera said over the weekend, this new dialogue seemed to begin with a phone call. Yet Jorge Rodríguez’s August 1 statement made one thing unmistakably clear: the talks […]

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