The Colombian hydrocarbon sector has intensified its presence in Guyana through business agreements and increased air connectivity. However, the possibility of importing gas from Venezuela remains blocked by U.S. sanctions, heightening fears of a supply deficit by 2026.
Carlo M. Cipolla, in his book The Basic Laws of Human Stupidity (1976), delved into the attributes that characterize a “stupid person.”
Without continuous investment in these fields, the world would lose the equivalent of the combined oil production of Brazil and…
The former British prime minister interrupted his vacation in the Dominican Republic to travel to Venezuela in February 2024, where he held a private meeting with Nicolás Maduro. Leaked documents suggest the existence of subsequent payments related to a contract with the firm Merlyn Advisors. The Guardian has not been able to confirm that these payments were related to the trip to Caracas.
The Venezuelan economy shows a mixed performance in 2025: GDP grew by 7.7% in the first half of the year, driven by oil production, which reached its highest levels since 2019, and the government implemented increases in public sector income. However, inflation, the devaluation of the bolivar, and U.S. oil sanctions threaten to undermine these advances, according to a report by the United Nations Development Programme (UNDP).
Trade between Colombia and Venezuela reached US$560.7 million in the first half of 2025, representing a 14.1% growth compared to the same period the previous year, according to figures from DANE and the Colombo-Venezuelan Chamber of Commerce (CCV). The report was presented during the Binational Business Meeting “Vision Frontera 2025,” held in Cúcuta to mark the third anniversary of the border reopening and the reestablishment of diplomatic relations.
The arrival of the floating platform Alula in Lake Maracaibo marks a new chapter in energy cooperation between China and Venezuela. The project, valued at $1 billion and led by China Concord Resources Corp (CCRC) in partnership with Petróleos de Venezuela (PDVSA), aims to revive production in the Lago Cinco and Lagunillas Lago fields, with a target of 60,000 barrels per day by 2026.
The recent Shanghai Cooperation Organization (SCO) Summit, held in China, became a highly relevant geopolitical event that transcends the borders of Central Asia. The meeting brought together leaders of major powers and emerging countries, consolidating the SCO as a space for dialogue and coordination that seeks to offer alternatives to the international order that emerged after World War II.
The World Food Programme (WFP) announced that it will reduce its projects in Venezuela by half during 2025 due to a lack of international funding. The measure will directly affect vulnerable communities, especially rural schools where the agency had concentrated a large part of its efforts in recent years.
The Canopus Voyager, flagged in the Bahamas, has initiated the resumption of Venezuelan oil shipments to the United States under the current sanctions framework, with a limited load scheduled for August.
