Venezuela Bets Oil Investment on Light Crude, Not the Orinoco
Hydrocarbons minister Paula Henao says exploration money is moving to Venezuela light crude, the barrels that replace costly imported diluent.
August 27, 2026Section
Venezuela News in English
Venezuela news in English from The Rio Times — Caracas politics, economy, oil and migration.
Venezuela’s New Power Rationing Round Slows Factories and Daily Life
A new round of electricity rationing in Venezuela is cutting factory hours, shortening office days and reshaping daily life in...
August 27, 2026
Venezuela’s Chavismo Blocks Dollarization Push as Power Cuts Bite
Chavista leaders removed deputy Antonio Ecarri over his dollarization proposal as a new round of electricity rationing slows Venezuela's economy.
August 26, 2026
Rodríguez Says Venezuela Exchange Rate Gap Fell to 12.3 Percent
Delcy Rodríguez said oil output topped 1.23 million barrels per day and the gap between official and parallel exchange rates...
August 25, 2026
Venezuela Probes Opposition Deputy Over Dollarization Bill
Venezuela's National Assembly investigates opposition Deputy Antonio Ecarri over a dollarization bill drafted with US economist Steve Hanke.
August 25, 2026 Venezuela Claims Oil Production Hits Highest Since 2019
Venezuela's government claims oil production hit 1.23 million barrels a day, the highest since February 2019, and signed 50 energy...
August 25, 2026
Venezuela Dollarization Bill Drafted by US Economist Steve Hanke
US economist Steve Hanke has drafted a bill to dollarize Venezuela and close its central bank. The plan has no...
August 24, 2026
Venezuela Rains Leave Six Missing and Over 150 Homes Hit
Venezuela rains left at least six missing and over 150 homes affected. Learn about the impact, response, and forecast for...
August 24, 2026
Venezuela’s PDVSA Oil Revenue Rose 89% in Seven Months
PDVSA oil revenue rose 89% in seven months to US$15.9 billion, with the US holding more than half. India emerges...
August 24, 2026