OVF: Venezuela’s May Inflation Rises to 26%
The Venezuelan Finance Observatory (OVF) recorded a sharp increase in prices in May, reporting an alarming monthly inflation rate of 26%.
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What do we know about the new oil contracts in Venezuela?
An alleged list of companies that signed “productive participation contracts” (CPPs) with PDVSA was recently leaked. There has also been talk of…
Delcy Rodríguez Announces New Restrictions on Foreign Currency Allocation for Imports
Executive Vice President Delcy Rodríguez announced on Wednesday that foreign currency allocated for imports will be rationed to prioritize essential needs, such as food, medicine, and production supplies.
Which U.S. companies bought Venezuelan oil?
While Chevron was the main U.S. producer of Venezuelan oil, the product found a long list of buyers in the East Coast.
What Does the Operation Against “Monitor Dolar” Mean for Venezuela’s Exchange Market?
On July 28, Attorney General Tarek William Saab announced that police had arrested Carlos Andrés Pérez, who managed the account Monitor Dolar.
Delcy Rodríguez States That Joint Ventures with Chevron, Repsol, Eni, and M&P Remain in “Full Production”
Venezuela’s Vice President and Minister of Hydrocarbons, Delcy Rodríguez, stated that oil fields operated in partnership with U.S. and European companies remain in “full production”.
Reuters: Chevron terminates contracts in Venezuela, but plans to maintain employees
Chevron has already terminated all its contracts for oil production, services, and procurement for Venezuela upon the expiration of its license.
The Representatives We Know in Venezuela’s New National Assembly
Even without the full results being published by the National Electoral Council, the pro-government politician Jorge Rodríguez has already named a list of opposition party deputies for the new National Assembly.
Venezuela’s CNE Presents Advance Results of May 25 elections
Venezuela’s National Electoral Council (CNE) presented on Friday night a first update of the results of the regional and legislative elections held this May 25.
Lila Vega: “The National Assembly is also for discussing the results of July 28”
Lila Vega is a pediatrician, known on social media as “the pediatrician grandmother.” Today, she is running for one of the most opposition-leaning seats.