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Taxes in Venezuela explained for foreigners in 2026: who is resident, why most expat earners hit the 34% band, how IVA and the 3% dollar levy work, and what the transition has and has not changed. The post Taxes in Venezuela for Expats 2026: What Foreigners Pay During the Transformation appeared first on The Rio Times.
A plain-English guide to Venezuela in 2026: who holds power since Nicolás Maduro's capture, how oil and US sanctions now work, and what to watch next. The post Venezuela Explained 2026: The Transformation, the Oil Economy and What to Watch appeared first on The Rio Times.
Sales of Venezuelan oil for loading in October stalled after a surge in shipping costs muddled negotiations between the country’s state oil company and buyers of its oil.
Georgieva says a Venezuela IMF office will open in Caracas in 2027, after meeting acting president Delcy Rodríguez in New York before Trump talks. The post Venezuela IMF Office to Open in Caracas in 2027, Fund Chief Says appeared first on The Rio Times.
A Venezuelan data archivist has opened his entire exchange-rate collection: the parallel dollar back to 2010, the official rate back to 2019, the spread between them down to 30-minute bars. The first thing it shows is that today's 11.4 percent premium is not unusually low - and that the gap, measured in bolivares, has not narrowed at all. The post Sixteen Years of Venezuela’s Parallel Dollar Just Went Public appeared first on The Rio Times.
The US-backed venture will struggle to reach its production goal, experts say.
France's TotalEnergies signed a return deal and a US producer put a figure on its plans, while Washington keeps control of Venezuela's oil money. The post Venezuela’s Oil Opening Speeds Up as TotalEnergies and Continental Move In appeared first on The Rio Times.
Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.
Bloomberg's Kevin Crowley joins Scarlet Fu on "Bloomberg Deals." Billionaire shale pioneer Harold Hamm’s Continental Resources Inc. is set to announce a deal to invest in Venezuela as the Trump administration pushes US companies to revive the nation’s oil sector, according to a person familiar with the matter. (Source: Bloomberg)
Venezuela se prepara para enviar aluminio a EE.UU. mediante un acuerdo con Mercuria Energy Group Ltd. y Heeney Capital, en una señal de que la rápida reactivación de los lazos comerciales entre ambos países comienza a extenderse más allá del petróleo tras años de aislamiento económico y diplomático.
Venezuela is preparing to ship aluminum to the US under a deal with Mercuria Energy Group Ltd. and Heeney Capital, diversifying beyond oil in a quickening revival of commercial ties following years of economic and diplomatic isolation.
Venezuela’s central bank is moving to squeeze liquidity in the banking system in a bid to support the bolivar ahead of an expected boost in government spending.
En Venezuela, el dólar ya forma parte de la vida cotidiana. Pero, ¿qué cambiaría si el país dolarizara oficialmente su economía? Andreina explica qué implicaría despedirse del bolívar y cuáles serían los beneficios y costos. (Source: Bloomberg)
The US-Venezuela oil deal covers 17 fields under hundred-year concessions, through a company 35% owned by the Pentagon. No contract text has been published. The post A Hundred-Year Concession Over 17 Venezuelan Oil Fields appeared first on The Rio Times.
Venezuela produces about 1.2 million barrels a day in total and the US imported 630,000 a day in June 2026. Claims of millions a day overstate it fourfold. The post Venezuela Does Not Produce Millions of Barrels a Day for the US appeared first on The Rio Times.
Venezuela has some of the world’s largest oil reserves and could eventually produce far more than it does today. But Columbia University’s Luisa Palacios says reviving the industry would take years, up to $150 billion in investment and a major rebuilding of trust after decades of contract changes, expropriations and infrastructure decline. (Source: Bloomberg)
The Pentagon is taking a stake in a private Venezuelan oil company in what President Trump called “the biggest oil deal in world history.” On the Big Take podcast we break down what we know about the plan so far and what may be the motivation behind it. Listen wherever you get your podcasts. (Source: Bloomberg)
Chevron's finance chief said the company will more than double its rigs in Venezuela. No before and after numbers exist, and only six firms may operate. The post Chevron Says It Will More Than Double Its Drilling Rigs in Venezuela appeared first on The Rio Times.
When US President Donald Trump announced on August 28 that the United States had secured majority control over some 65 billion barrels of Venezuelan oil through a private company, the North American Blue Energy Partners (NABEP), he called it “the biggest oil deal in history”. The White House fact sheet provided the details: NABEP’s 100-year concessions on 17 oilfields with 65 billion barrels of proven reserves, a 35 per cent Pentagon stake, a 20 per cent State Department offtake at cost with...
A Colombian daily counts more than 25 companies weighing Venezuelan entry. US licences allow signing contracts, not yet performing most of them. The post More Than 25 Firms Weigh Venezuela Entry as Licences Widen appeared first on The Rio Times.
The Cisneros heirs, a branch of Venezuela's famous Cisneros family, say the government seized their oil stake. A Spanish report links the move to Delcy Rodriguez and the Trump administration, but that link is not confirmed. The post Venezuela: Cisneros Heirs Say State Seized Oil Stake appeared first on The Rio Times.
The Venezuela oil opening is redrawing ownership. One of the country's oldest business dynasties is reported out, and Beijing watches its loans. The post Venezuela Oil Opening Redraws Ownership as Beijing Watches Its Loans appeared first on The Rio Times.
Opposition leader Maria Corina Machado says Venezuela oil wealth belongs to the people, not to what she calls an illegitimate regime in Caracas. The post Venezuela Oil Is Not the Government’s to Sell, Machado Says appeared first on The Rio Times.
El presidente Donald Trump se ha jactado de que su amplio acuerdo petrolero con Venezuela, que en la práctica da a Estados Unidos control sobre gran parte de la riqueza petrolera del país, es posiblemente “el mejor acuerdo jamás firmado”.
GeoPark says pairing its new Venezuelan block with Vaca Muerta in Argentina can multiply its output, days after a deal handed control to Grupo Gilinski. The post GeoPark Bets on Venezuela and Vaca Muerta to Nearly Triple Output appeared first on The Rio Times.
The International Monetary Fund is considering opening a local office in Venezuela, establishing permanent representation in the country for the first time in years, according to people familiar with the matter.
US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves. President Donald Trump has talked up the agreement on Venezuela's oil reserves as the "biggest oil deal in world history." But the deals have raised major questions about Venezuela's sovereignty, as FRANCE 24's International Affairs Editor Kethevane Gorjestani explains.
US oil giant Chevron, Italy's ENI and GE Vernova signed deals worth "tens of billions of dollars" with Venezuela, US Energy Secretary Chris Wright said Wednesday during a trip to Caracas where he and Interim President Delcy Rodriguez finalised the agreements.
U.S.' Chevron, Italy's Eni and other foreign energy producers committed on Wednesday to major project expansions to boost oil output in Venezuela, in a signing ceremony in Caracas overseen by interim President Delcy Rodriguez and U.S. Energy Secretary Chris Wright. FRANCE 24's Maya Yataghene reports.
Signing ceremony as US to control a fifth of Venezuela’s oil reserves.