Rate Differential in Venezuela: A Vicious Cycle of Inflation and Other Distortions
Bolivars and dollars reflect the economic struggle in a country marked by devaluation and inflation. Photo: Courtesy. Guacamaya, April 10,…
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Exclusive Interview: Former NSC Senior Director Juan González Explains What Happened to U.S. Policy Toward Venezuela
Juan González was the White House National Security Council Senior Director for the Western Hemisphere in the Biden administration, from January 2021 until March 2024. He led a fundamental change in U.S. policy towards Venezuela, prioritizing strategic engagement to advance U.S. interests, after the failure of the first Trump administration to cause regime change with a “maximum pressure” strategy.
OFAC Extends Chevron’s Deadline to Exit Venezuela until May 27
In January 2025, crude oil production from joint ventures between Pdvsa and the U.S. corporation Chevron reached approximately 242,000 barrels…
Chevron Seeks to Extend Deadline for Exit from Venezuela, According to WSJ
Official photograph of Mike Wirth, CEO of the American energy giant Chevron. Guacamaya, March 20, 2025. Chevron’s CEO, Mike Wirth,…
Capriles: Chevron’s Exit from Venezuela Could Open the Door to Energy Mafias
Henrique Capriles Radonski is known for his pragmatic approach, with supporters who value his experience and critics who accuse him…
OPEC: Venezuelan Crude Production Remains Stable in February
Venezuela’s crude oil production remained stable in February at 1,025,000 barrels per day (bpd), with a slight decrease of 6,000 bpd, according to PDVSA’s estimates.
End of Oil Licenses Would Halt Repatriation Flights to Venezuela
The Donald Trump administration faces a new challenge in its plans for mass deportations. The Venezuelan government has privately informed the administration that it will not accept any more returned migrants, according to a note published in The Wall Street Journal, after consulting sources familiar with the matter.
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…
María Corina Machado Celebrates Revocation of the “Chevron License”
Opposition leader María Corina Machado celebrated the revocation of the “Chevron License,” denouncing that the revenues generated by the oil company were used to finance Maduro and members of his government instead of being invested in the welfare of the Venezuelan people.
Jorge Rodríguez: Without the license, we cannot pay the outstanding debts with Chevron
Jorge Rodríguez addresses the National Assembly at the Federal Legislative Palace. Photo: National Assembly. Guacamaya, March 6, 2025. The president…