Trump’s Venezuela Oil Deal With Betancourt Hinges on Aging and Distant Fields
The US-backed venture will struggle to reach its production goal, experts say.
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The US-backed venture will struggle to reach its production goal, experts say.
Venezuela visa and residency in 2026: who enters visa-free, which visas the law sets out, how residence works, and what is still not published. The post Venezuela Visa and Residency 2026 — Entry Rules, Visa Types and Residence Steps appeared first on The Rio Times.
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.
A Venezuelan rescue dog has been honoured with a statue for his search-and-rescue work after earthquakes in June.
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.
Washington took Venezuela off its list of failing drug states, yet says its reward of up to $25 million for minister Diosdado Cabello still stands. The post US Keeps $25 Million Bounty on Cabello After Clearing Venezuela on Drugs appeared first on The Rio Times.
A seleção masculina de vôlei venceu a equipe da Venezuela por 3 sets a 0 na manhã deste sábado (19) na quarta rodada do Sul-Americano da modalidade. A partida foi disputada no ginásio do Maracanazinho e valeu a vaga para o Brasil no mundial de 2027. As parciais foram 25/19, 25/14 e 25/19 para mais de 7200 pessoas. Notícias relacionadas:Brasil bate Colômbia e segue 100% no Sul-Americano masculino de vôlei.O resultado mantém o time com 100% de aproveitamento e na liderança brasileira na competição. O oposto Bryan foi novamente o maior pontuador em quadra, desta vez com 13 acertos. Neste domingo (20), às 10h, o time do técnico Bernardinho enftenta a Argentina, valendo o título e a vaga nos Jogos Olímpicos Los Angeles 2028.
Washington's UN envoy says Trump will meet Venezuela's acting president in New York on Tuesday, while Paraguay's Peña visits Caracas today. The post Trump Sets Tuesday Talk With Delcy Rodríguez as Peña Heads to Caracas appeared first on The Rio Times.
Trump says the country has made progress against narcotics since Maduro's removal, may also remove Colombia and Bolivia.
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)
Nicolas Maduro’s ally and alleged frontman, Alex Saab, pleaded guilty yesterday in a U.S. court to charges including conspiracy to commit money laundering. The Colombian businessman, who served as Venezuela’s Minister of Industry and National Production from 2024 to 2026, was accused of laundering the proceeds of embezzled state funds from Venezuela over a period […] The post Maduro-ally Alex Saab pleads guilty to money laundering in US, agrees to cooperate with prosecutors appeared first on Latin America Reports.
Washington removed Venezuela from the group of countries it says failed to meet drug-control obligations, and signaled that Colombia could follow next year if its new government makes progress against cocaine trafficking.
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.
La Peñita, Venezuela — Three months on since twin earthquakes rocked northern Venezuela, some rural communities are still waiting for government help. On June 24, the northern state of La Guaira was leveled by 7.2 and 7.5 magnitude earthquakes that struck seconds apart. Experts estimated that as many as 80% of buildings in the state […] The post La Peñita: A rural village remains overlooked 3 months after Venezuela’s earthquakes appeared first on Latin America Reports.
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)
As part of Delcy Rodriguez's 'Venezuela reborn' campaign, murals of leaders like Hugo Chavez are being removed.
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)
Venezuela’s former first lady wants to be let out of jail while she and her husband await trial on US drug-trafficking charges. Cilia Flores, the wife of ex-Venezuelan President Nicolas Maduro, “deserves the opportunity to await her trial while on home confinement” while dealing with a heart condition that has only got worse since she’s been in jail, her lawyers wrote in court papers filed on Wednesday. The lawyers, Mark Donnelly and Andres Sanchez, asked a judge to allow her to leave a Brooklyn...
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.
Caracas, Venezuela — In late August, Javier Tarazona, president of Venezuelan NGO Fundaredes, presented draft bills for amnesty and a reparations fund for political prisoners held under former President Nicolás Maduro’s government. At a press conference on August 25 outside the Palace of Justice in downtown Caracas, the human rights advocate criticized the fact that […] The post What to know about the amnesty bill, reparations fund proposed by advocates for Venezuela’s political prisoners appeared first on Latin America Reports.
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.