Fedecámaras Calls on the Governments of the United States and Venezuela to Resume Talks
Fedecámaras has issued a call for the governments of the United States and Venezuela to resume talks, following the cancellation of the “Chevron License.”
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New OAS Secretary General to Review Venezuela’s Legal Status in the Organization
Marking a new era for the Organization of American States (OAS), Surinamese Albert Ramdin has been elected as the new Secretary General of the organization. Ramdin, who will assume the position in May, has made it clear that one of his first objectives will be to review Venezuela’s legal status within the regional body.
Venezuelan Workers Face the Longest Period Without Wage Increases
This March 15 marks three years since Venezuelan workers last saw an increase in their minimum wage. Since then, they have faced the longest period without salary adjustments in the last 27 years, amid high inflation and a deep economic crisis.
Trump Prepares to Revoke Licenses of More Oil Companies in Venezuela
Oil pumpjack and drilling rig in Venezuela. Photo: HumbRios. Guacamaya, March 7, 2025. The Trump administration is reportedly preparing to…
Petro Considers Special Economic Zone with Venezuela to Develop Catatumbo region
Colombian President Gustavo Petro with Nicolás Maduro at the Miraflores Palace during a visit in November 2023. Guacamaya, March 7,…
Chevron License Revocation Reshapes Global Market with Implications for the U.S. and Venezuela
The U.S. government, led by Donald Trump, formally announced the revocation of the license allowing Chevron to operate in Venezuela. The decision, made official on March 4 and effective in 30 days, marks the end of a strategic relationship that had enabled the U.S. oil company to export over 200,000 barrels per day of Venezuelan crude.
Secretary Bessent: Excessive Use of Sanctions Could Affect the Supremacy of the Dollar
Official photograph of Scott Bessent, the United States Secretary of the Treasury since January 28, 2025. Guacamaya, March 6, 2025….
Venezuela oil exports rise to 930,000 barrels per day
Venezuelan oil exports rose to their highest level since November, reaching 934,465 barrels per day (bpd) of crude oil and fuel, according to Reuters.
OPEC+ Determined to Increase Oil Production in April
Image of the OPEC headquarters in Vienna, Austria. Photo: alex.ch. Guacamaya, March 4, 2025. The Organization of the Petroleum Exporting…
Trump Ends the “Chevron License”
The American corporation Chevron, through its joint ventures with Pdvsa, produced approximately 242,000 barrels of crude oil per day in…