Venezuela Does Not Produce Millions of Barrels a Day for the US
Venezuela produces about 1.2 million barrels a day in total and the US imported 630,000 a day in June 2026....
September 13, 2026Section
Venezuela News in English
Venezuela news in English from The Rio Times — Caracas politics, economy, oil and migration.
GeoPark Has the Contract. It Does Not Have the Licence.
GeoPark signed its Bare Block contract with PDVSA on 4 September, with Gilinski taking control. No OFAC licence naming GeoPark...
September 12, 2026
Chevron Commits US$7 Billion to Venezuelan Heavy Oil
Chevron announced a US$7 billion, five-year Venezuelan expansion targeting 600,000 barrels a day, under OFAC General Licence 50A.
September 12, 2026
Venezuela Takes Back the Valencia and Puerto Cabello Airports for Its State Operator
Venezuela reasserted control of the Valencia and Puerto Cabello airports through state operator BAER, under decrees published in late August.
September 12, 2026
Maduro’s Wife Wants Out of a Brooklyn Jail. Reports That Cilia Flores Was Refused Are Wrong.
Maduro's wife asked a New York judge to let her await trial at home on medical grounds. No prosecutor has...
September 12, 2026
Venezuela Power Crisis Casts Shadow Over Washington’s Oil Deal Timetable
Repeated blackouts across Venezuela this week expose the gap between Washington's oil deal ceremony and a grid running some 2,000...
September 11, 2026
Venezuela Oil Production Holds at Seven-Year High as Trump Makes Growth the Goal
Venezuela oil production held at a seven-year high near 1.2 million bpd in August as the Trump-backed NABEP venture maps...
September 11, 2026
Repsol Venezuela Output Is Growing on Money the Company Never Sent
Repsol says it is expanding Venezuelan output while adding no new capital, financing the growth from the oil cargoes it...
September 9, 2026
Chevron to More Than Double Venezuela Rigs, Testing Washington’s Oil Bet
Chevron will more than double its Venezuela rigs, an early test of the US bet on the world's largest oil...
September 9, 2026