New Trinidad Prime Minister Will Still Seek Venezuelan Gas
The new government of Trinidad and Tobago said that it will open discussions with Washington DC to access gas fields across the sea border with Venezuela, as reported by Argus.
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Repsol in Talks with U.S. to Maintain Operations in Venezuela
This Wednesday, Josu Jon Imaz, CEO of Repsol, shared that the Spanish company is in direct talks with the U.S. government to continue operating in Venezuela.
UNDP Estimates 6.5% Economic Growth in 2024 and Forecasts a 1.3% Contraction in 2025
The report published by the United Nations Development Programme (UNDP) states that Venezuela ended 2024 with growth driven by oil expansion, but the country faces an uncertain 2025 following the withdrawal of Chevron’s and other oil companies’ licenses.
OVF Estimates Venezuelan Economic Activity Fell by 2.7% in Q1 2025
Quarterly economic activity growth rates, according to the Venezuelan Finance Observatory (OVF), since 2022. Guacayama, April 25, 2025. The Venezuelan…
Venezuela and China Strengthen Alliance as Two Vice Presidents Meet in Beijing
The Executive Vice President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, was received at the Great Hall of the…
Venezuelan Crude Production Rises in March as OPEC+ Output Falls
Crude oil production rose to its highest level since February 2019, reaching 1,085,000 barrels per day (bpd), according to internal reports from PDVSA.
Maduro Appoints New Board for Central Bank of Venezuela Amid Institutional Silence
On April 11, Nicolás Maduro restructured the board of directors for the Central Bank of Venezuela (BCV) following the resignation of two of its members. The institution is now chaired by Laura Carolina Guerra, while the Minister of Finance and Economy, Anabel Pereira, is the new representative of the national executive on the board.
Telefónica Accelerates Exit from Latin America but Invests in Venezuela
Telefónica, the Spanish telecoms giant, is speeding up the sale of its subsidiaries in Latin America. After operating in 12 countries across the region, it will now retain only Venezuela, in addition to its businesses in Europe and a stake in China Unicom.
Trump Yields to Market Pressure with Partial 90-Day Truce in Trade War
In an unexpected shift in the global trade war, U.S. President Donald Trump has yielded to market pressures and announced a partial 90-day truce, during which he will suspend the imposition of new tariffs.
U.S. Revokes Trinidad’s License to Produce Gas With Venezuela
The Donald Trump administration has revoked the authorizations allowing Trinidad and Tobago to produce gas in joint fields with Venezuela without fear of reprisals.