Bloomberg: Chevron to Pay the Venezuelan State With Crude Oil
U.S. energy corporation Chevron will pay the Venezuelan government in oil instead of bolivars or other currencies, according to sources consulted by Bloomberg.
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Minister Jorge Márquez: Venezuela to Reactivate Electricity Supply to Colombia and Brazil
Venezuela’s Minister of Electric Energy, Jorge Márquez, announced on Wednesday that agreements have been established to reactivate electricity supply to Colombia and Brazil.
Repsol Maintains Its Commitment to Venezuela Despite Sanctions and Seeks Agreement with U.S. to Monetize Its Production
Repsol remains “hopeful of finding some kind of framework” to “monetize” its production in Venezuela amid ongoing discussions with the U.S. government under Donald Trump, as stated by the group’s CEO, Josu Jon Imaz, during the presentation of its first-half earnings.
WSJ: Trump Administration Allows Chevron to Continue Oil Production in Venezuela
The administration of President Donald Trump has issued a license allowing Chevron to produce oil in Venezuela despite existing sanctions, according to sources consulted by The Wall Street Journal.
Central Bank of Venezuela Announces 6.65% Growth in Second Quarter
The Central Bank of Venezuela (BCV) issued a press release on Tuesday stating that the Gross Domestic Product (GDP) in the second quarter of 2025 increased by 6.65% compared to the second quarter of 2024.
Release of Rodrigo Cabezas and Members of the Venezuelan Finance Observatory Confirmed
The former Minister of Finance and Chavista dissident spent 41 days under conditions of enforced disappearance, according to his family….
Maduro Proposes More Binational Economic Zones Between Colombia, Apure, and Amazonas
During his Con Maduro + TV program, President Nicolás Maduro proposed the creation of a second and third “Binational Economic Zone” between Colombia and Venezuela.
Felipe Capozzolo Takes Office as President of Fedecámaras After a Closely Contested Election
In a tightly contested election, the 81st Annual Assembly of Fedecámaras, held in the city of Valencia, elected Felipe Capozzolo as its new president for the 2025–2027 term.
Chevron Completes Acquisition of Hess After Legal Dispute with ExxonMobil
Chevron has successfully completed its $53 billion acquisition of Hess after winning a legal battle against ExxonMobil.
Chinese investors to develop farmland in western Monagas to boost agro-food zone
Monagas governor Ernesto Luna announced on Wednesday the signing of an agreement with the Chinese investment group China Ai, aimed at developing an ambitious agro-industrial project on lands in western Monagas. The initiative includes the creation of several joint ventures and an International Investment Fund, with the goal of driving food production and exports from the region.