Oil - Guacamaya

Delcy Rodríguez in India: How Washington is turning venezuelan oil into a tool of geopolitical influence

Luis Alejandro Ruiz2 days ago2 days ago020 mins

The Venezuelan interim president’s tour comes amid a silent transformation of the global energy market, as New Delhi seeks to diversify its supplies, Washington attempts to reduce Russia’s oil influence, and Caracas reemerges as a relevant player in Asian energy security.

When Venezuela’s interim president, Delcy Rodríguez, landed in New Delhi on June 3, 2026, she did so against the backdrop of one of the most significant transformations of the international energy system since Russia’s invasion of Ukraine.

Venezuela establishes Hydrocarbons Technology and Data Management Center to attract investment

Luis Alejandro Ruiz3 days ago3 days ago09 mins

The inauguration of the new Hydrocarbons Technology and Data Management Center, the sustained increase in oil exports, and ongoing negotiations with major international companies such as Chevron, ExxonMobil, and ConocoPhillips reflect a new phase for Venezuela’s energy industry. The government aims to combine technological modernization, greater transparency in the management of strategic information, and regulatory reforms designed to attract foreign capital to a sector that requires billions of dollars in investment to restore its productive capacity.

The latest news on Venezuelan oil: ExxonMobil, BP, Total and the surge in production and exports

Luis Alejandro Ruiz2 weeks ago2 weeks ago030 mins

The signing of agreements between the Venezuelan government and major international energy companies, the sustained increase in oil exports, and the reconfiguration of global trade flows are redefining Venezuela’s role in the world energy market.

The Esequibo dispute returns to the global stage at the International Court of Justice

Luis Alejandro Ruiz1 month ago1 month ago015 mins

The territorial dispute over the Esequibo has returned to the center of the international agenda with the start of hearings at the International Court of Justice. While Guyana defends the validity of the 1899 arbitral award, Venezuela insists on a negotiated solution based on the 1966 Geneva Agreement and rejects the jurisdiction of the court.

Chevron, Shell and Venezuela agree on an unprecedented energy asset swap

Luis Alejandro Ruiz2 months ago2 months ago011 mins

Energy giants Chevron and Shell are strategically positioning themselves to maximize opportunities in Venezuela following a largely unprecedented asset swap involving government participation.

How are new investments in hydrocarbons advancing in Venezuela?

Luis Alejandro Ruiz2 months ago2 months ago011 mins

Venezuela’s hydrocarbon sector is undergoing a phase of reactivation marked by a sustained increase in exports to the United States, the gradual return of interest from major international oil companies, and an intense diplomatic agenda aimed at unlocking energy projects. However, this renewed dynamism coexists with regulatory delays, unresolved disputes, and a still fragile financial environment that conditions the real pace of investment.

Recovering the Electrical Grid: The Key to Venezuela’s Economic Growth

Luis Alejandro Ruiz2 months ago2 months ago025 mins

The Venezuelan electrical system has positioned itself as one of the most sensitive axes in the conversation between the State and the private sector, amid attempts to reactivate the national economy.

Curiosity, Risk, and Vision: What We Know About Foreign Investors Interested in Venezuela

Luis Alejandro Ruiz2 months ago2 months ago033 mins

The opening of strategic sectors and Venezuela’s repositioning on the global map after January 3 have caught the attention of international investors seeking high returns, difficult to find in other markets.

General License 52: US issues its broadest Venezuela oil authorization to date

Elias Ferrer3 months ago3 months ago05 mins

The Trump administration issued General License 52, which authorizes virtually all transactions with PDVSA related to trading, exploration, and production.

The return of the oil giants: Chevron, Shell and Repsol lead the first wave of major investments in Venezuela

Luis Alejandro Ruiz3 months ago3 months ago011 mins

Following the partial easing of U.S. energy sanctions and the political reconfiguration that took place in January, Venezuela is beginning to receive a new wave of international investment in its hydrocarbons sector. Companies such as Chevron, Shell, Repsol and Eni are advancing agreements to expand oil and gas production in the country, while the global energy market tightens amid the crisis in the Middle East and crude prices rising above $100 per barrel.