Venezuela

Country Venezuela
Capital Caracas
Continent South America
Currency Bolivar fuerte(VEF)
Languages Spanish

Information

Introduction

Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.

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References

Venezuela - Wikipedia
Venezuela - CIA World Fact Book
Venezuela - BBC
Venezuela - Timeline - BBC

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Washington's Venezuela Oil Deal Is About Much More Than Crude - Crude Oil Prices Today | OilPrice.comWashington's Venezuela Oil Deal Is About Much More Than Crude  Crude Oil Prices Today | OilPrice.com

Months after Venezuela earthquakes, a family refuses to give up search for their missing relative - The New Indian ExpressMonths after Venezuela earthquakes, a family refuses to give up search for their missing relative  The New Indian Express

US seeks more access to Venezuela's mineral wealth after tapping its oil - CNBC TV18US seeks more access to Venezuela's mineral wealth after tapping its oil  CNBC TV18

Venezuela earthquakes updates: Rescue efforts on as death toll hits 235 - Al JazeeraVenezuela earthquakes updates: Rescue efforts on as death toll hits 235  Al Jazeera

Italy’s Eni doubles down in Venezuela with rising hope of recovering debt By Reuters - Investing.comItaly’s Eni doubles down in Venezuela with rising hope of recovering debt By Reuters  Investing.com

From money-laundering probe to key US partner: The rise of Venezuela oil tycoon Betancourt - Telegraph IndiaFrom money-laundering probe to key US partner: The rise of Venezuela oil tycoon Betancourt  Telegraph India

US lawmaker urges Trump transparency over Venezuela oil deal - Telangana TodayUS lawmaker urges Trump transparency over Venezuela oil deal  Telangana Today

Oil’s 2 Clocks: Iran Now, Venezuela Later - Investing.com IndiaOil’s 2 Clocks: Iran Now, Venezuela Later  Investing.com India

America’s 100-year oil bet on Venezuela: What Trump’s 'biggest oil deal' really means - CNBC TV18America’s 100-year oil bet on Venezuela: What Trump’s 'biggest oil deal' really means  CNBC TV18

Venezuela earthquakes updates: At least 188 killed, 1,500 injured - Al JazeeraVenezuela earthquakes updates: At least 188 killed, 1,500 injured  Al Jazeera

US seeks more access to Venezuela's mineral wealth after tapping its oil, sources say - ReutersUS seeks more access to Venezuela's mineral wealth after tapping its oil, sources say  Reuters

VENEZUELA/COLOMBIA - When the earthquake has passed, brothers and sisters remain by the side of those who continue to suffer - Agenzia FidesVENEZUELA/COLOMBIA - When the earthquake has passed, brothers and sisters remain by the side of those who continue to suffer  Agenzia Fides

GPRK: All-stock acquisition in Venezuela triples production and delivers immediate value accretion - TradingViewGPRK: All-stock acquisition in Venezuela triples production and delivers immediate value accretion  TradingView

Oil and politics: What Trump’s ‘historic’ deal means for Venezuela - Al JazeeraOil and politics: What Trump’s ‘historic’ deal means for Venezuela  Al Jazeera

Trump’s Venezuela Oil Deal - WSJTrump’s Venezuela Oil Deal  WSJ

Venezuela-US oil deal risks violating local law, say experts - Financial TimesVenezuela-US oil deal risks violating local law, say experts  Financial Times

Rebuilding Bridges: Venezuela and Israel Resume Consular Services After 17 Years - The Organization for World PeaceRebuilding Bridges: Venezuela and Israel Resume Consular Services After 17 Years  The Organization for World Peace

Understanding the Implications of the U.S.-Venezuela Oil Deal - CSIS | Center for Strategic and International StudiesUnderstanding the Implications of the U.S.-Venezuela Oil Deal  CSIS | Center for Strategic and International Studies

Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal - CNBCTrump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal  CNBC

Venezuela OPEC Exit 'Structurally Likely' - RigzoneVenezuela OPEC Exit 'Structurally Likely'  Rigzone

Trump’s conditions cast a shadow over the US-Venezuela oil deal - EL PAÍS EnglishTrump’s conditions cast a shadow over the US-Venezuela oil deal  EL PAÍS English

Rubio’s tour will herald Latin America’s right. Venezuela remains a problem. - washingtonpost.comRubio’s tour will herald Latin America’s right. Venezuela remains a problem.  washingtonpost.com

Venezuela Updated: Fast Politics but Slow Barrels - marketscreener.comVenezuela Updated: Fast Politics but Slow Barrels  marketscreener.com

Venezuela defeats treaty claim by dual national dairy investors - Latin LawyerVenezuela defeats treaty claim by dual national dairy investors  Latin Lawyer

View / Leaving OPEC won’t give Venezuela its oil back - SemaforView / Leaving OPEC won’t give Venezuela its oil back  Semafor

The oil deal that betrayed Venezuela’s democracy - Daily SabahThe oil deal that betrayed Venezuela’s democracy  Daily Sabah

Venezuelans Split on Trump’s Oil Deal; Half Say US Benefits More - Bloomberg.comVenezuelans Split on Trump’s Oil Deal; Half Say US Benefits More  Bloomberg.com

Monroe Doctrine 2.0: four threats to Trump's Venezuela oil deal - Escudo DigitalMonroe Doctrine 2.0: four threats to Trump's Venezuela oil deal  Escudo Digital

Top Economist Slams Trump’s Venezuela Oil Deal ‘Theft’ — ‘Toppled Their Leader’ and ‘Had Him Sign Over Billions’ - TradingViewTop Economist Slams Trump’s Venezuela Oil Deal ‘Theft’ — ‘Toppled Their Leader’ and ‘Had Him Sign Over Billions’  TradingView

US seeks more access to Venezuela's mineral wealth after tapping its oil, sources say - TradingViewUS seeks more access to Venezuela's mineral wealth after tapping its oil, sources say  TradingView

GeoPark’s Venezuela Deal: Massive Opportunity or Risky Bet? - Yahoo FinanceGeoPark’s Venezuela Deal: Massive Opportunity or Risky Bet?  Yahoo Finance

Trump-linked companies race to secure deals for Venezuela’s oil - Financial TimesTrump-linked companies race to secure deals for Venezuela’s oil  Financial Times

ExxonMobil's CEO Called Venezuela 'Uninvestable.' Trump Says It's Going In Anyway. Here's Why Investors Should Pay Attention. - Yahoo FinanceExxonMobil's CEO Called Venezuela 'Uninvestable.' Trump Says It's Going In Anyway. Here's Why Investors Should Pay Attention.  Yahoo Finance

Chevron (CVX) Doubles Down on Venezuela with a $7 Billion Oil Bet - Yahoo FinanceChevron (CVX) Doubles Down on Venezuela with a $7 Billion Oil Bet  Yahoo Finance

US Grip on Venezuelan Oil Threatens Billions Owed to China - Bloomberg.comUS Grip on Venezuelan Oil Threatens Billions Owed to China  Bloomberg.com

Chevron to expand in Venezuela operations, doubling production through $7 billion investment - CNBCChevron to expand in Venezuela operations, doubling production through $7 billion investment  CNBC

Donald Trump’s Venezuela deal is bold but dodgy - The EconomistDonald Trump’s Venezuela deal is bold but dodgy  The Economist

Kpler: Venezuela weighs potential OPEC exit as oil production recovers - safety4seaKpler: Venezuela weighs potential OPEC exit as oil production recovers  safety4sea

Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal - NPRChevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal  NPR

Who is Alejandro Betancourt, the colourful oil baron behind US-Venezuela oil deal? - BBCWho is Alejandro Betancourt, the colourful oil baron behind US-Venezuela oil deal?  BBC

US structured Venezuela oil position to protect it from dilution, official says - ReutersUS structured Venezuela oil position to protect it from dilution, official says  Reuters

US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits? - cnn.comUS oil deal promises a flood of investment in Venezuela. When will its people feel the benefits?  cnn.com

Remarkable US oil deal puzzles analysts - and angers many Venezuelans - BBCRemarkable US oil deal puzzles analysts - and angers many Venezuelans  BBC

As Trump locks in oil deal, Venezuelans ask: What happened to elections? - latimes.comAs Trump locks in oil deal, Venezuelans ask: What happened to elections?  latimes.com

GeoPark Enters Venezuela via Gilinski Partnership - RigzoneGeoPark Enters Venezuela via Gilinski Partnership  Rigzone

View / Oil executives are anxious about Venezuela - SemaforView / Oil executives are anxious about Venezuela  Semafor

Trump’s Venezuela Oil Deal Is Better Than Its Critics Say - ForbesTrump’s Venezuela Oil Deal Is Better Than Its Critics Say  Forbes

First WBA Future Champions Amateur Event in Venezuela a Resounding Success - World Boxing AssociationFirst WBA Future Champions Amateur Event in Venezuela a Resounding Success  World Boxing Association

ExxonMobil's CEO Called Venezuela 'Uninvestable.' Trump Says It's Going In Anyway. Here's Why Investors Should Pay Attention. - The Motley FoolExxonMobil's CEO Called Venezuela 'Uninvestable.' Trump Says It's Going In Anyway. Here's Why Investors Should Pay Attention.  The Motley Fool

Venezuela Weighs OPEC Exit as US Discusses Oil Fields Stake - Bloomberg.comVenezuela Weighs OPEC Exit as US Discusses Oil Fields Stake  Bloomberg.com

US nears deal to secure stake in Venezuelan oil fields, insiders say - Al JazeeraUS nears deal to secure stake in Venezuelan oil fields, insiders say  Al Jazeera

Gibson: Venezuela’s oil comeback could reshape crude flows and markets - safety4seaGibson: Venezuela’s oil comeback could reshape crude flows and markets  safety4sea

Venezuela: Maduro’s Defense Urges Court to Uphold Presidential Immunity, Dismiss Charges - VenezuelanalysisVenezuela: Maduro’s Defense Urges Court to Uphold Presidential Immunity, Dismiss Charges  Venezuelanalysis

Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says - fortune.comVenezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says  fortune.com

The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal - ReutersThe Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal  Reuters

Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves - CNBCTrump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves  CNBC

U.S.-Venezuela oil deal won’t reduce domestic gasoline prices anytime soon, experts say - PBSU.S.-Venezuela oil deal won’t reduce domestic gasoline prices anytime soon, experts say  PBS

Venezuelan opposition up in arms over reports US wants big stake in oil and gas - The GuardianVenezuelan opposition up in arms over reports US wants big stake in oil and gas  The Guardian

Venezuela’s jumbo oil deal does little to appease its creditors - Financial TimesVenezuela’s jumbo oil deal does little to appease its creditors  Financial Times

Trump Says Venezuela Not Ready for Elections Despite Delcy Rodriguez’s Desire - The Eastern HeraldTrump Says Venezuela Not Ready for Elections Despite Delcy Rodriguez’s Desire  The Eastern Herald

Trump drinks Venezuela’s milkshake : Planet Money - NPRTrump drinks Venezuela’s milkshake : Planet Money  NPR

U.S. grip on Venezuelan oil threatens billions owed to China - The Japan TimesU.S. grip on Venezuelan oil threatens billions owed to China  The Japan Times

Why the US Dollar Won’t Fix the Venezuelan Economy - Caracas ChroniclesWhy the US Dollar Won’t Fix the Venezuelan Economy  Caracas Chronicles

Venezuela’s Overwhelming Electricity Crisis - Americas QuarterlyVenezuela’s Overwhelming Electricity Crisis  Americas Quarterly

Venezuela Honors Vietnam’s Ambassador with the Hightest Order Rank - teleSUR EnglishVenezuela Honors Vietnam’s Ambassador with the Hightest Order Rank  teleSUR English

PDVSA President: Venezuela-US Oil Deal for 25 Years, Not 100 (+China and Russia) - Orinoco TribunePDVSA President: Venezuela-US Oil Deal for 25 Years, Not 100 (+China and Russia)  Orinoco Tribune

Venezuela’s Delcy Rodríguez defends ‘endless’ benefits of her oil deal with Trump - The GuardianVenezuela’s Delcy Rodríguez defends ‘endless’ benefits of her oil deal with Trump  The Guardian

Why Big Oil Is Wary of Trump’s Foray Into Venezuela’s Oil Patch - WSJWhy Big Oil Is Wary of Trump’s Foray Into Venezuela’s Oil Patch  WSJ

Trump announces ‘biggest oil deal in world history’ with Venezuela - Al JazeeraTrump announces ‘biggest oil deal in world history’ with Venezuela  Al Jazeera

Exclusive | Inside Trump’s Plan to Give the Pentagon a Stake in Venezuela’s Oil Riches - WSJExclusive | Inside Trump’s Plan to Give the Pentagon a Stake in Venezuela’s Oil Riches  WSJ

Venezuela "respects" oil deals signed with China and Russia - Plataforma MediaVenezuela "respects" oil deals signed with China and Russia  Plataforma Media

Everything About the US-Venezuela Oil Deal Is Troubling - Cato InstituteEverything About the US-Venezuela Oil Deal Is Troubling  Cato Institute

Venezuela Expands Coffee Presence in Asia at Singapore Coffee Forum 2026 - INDiplomacyVenezuela Expands Coffee Presence in Asia at Singapore Coffee Forum 2026  INDiplomacy

Washington’s Venezuela Oil Deal Is About Much More Than Crude - Yahoo Finance SingaporeWashington’s Venezuela Oil Deal Is About Much More Than Crude  Yahoo Finance Singapore

Washington's Venezuela petroleum grab an act of desperation, not real strength: China Daily editorial - China DailyWashington's Venezuela petroleum grab an act of desperation, not real strength: China Daily editorial  China Daily

OilPrice: US and Venezuela reportedly agree on access to 65 billion barrels of oil - UA.NEWSOilPrice: US and Venezuela reportedly agree on access to 65 billion barrels of oil  UA.NEWS

US seeks more access to Venezuela’s mineral wealth after tapping its oil, according to reports - NewsquawkUS seeks more access to Venezuela’s mineral wealth after tapping its oil, according to reports  Newsquawk

Venezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says - CNBCVenezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says  CNBC

The US-Venezuela oil deal: 'neo-Monroe Doctrine' in action - Global TimesThe US-Venezuela oil deal: 'neo-Monroe Doctrine' in action  Global Times

Talks between government and opposition mark a new chapter for Venezuela - Al JazeeraTalks between government and opposition mark a new chapter for Venezuela  Al Jazeera

They have sold Venezuela with Venezuelans still inside - EL PAÍS EnglishThey have sold Venezuela with Venezuelans still inside  EL PAÍS English

US-Venezuela oil deal: Who is Trump's new Venezuela oil 'fixer'? - WIONUS-Venezuela oil deal: Who is Trump's new Venezuela oil 'fixer'?  WION

Chevron Stayed in Venezuela for 20 Years While Rivals Left. Here's Why Its CEO Says Patience Pays Off. - Yahoo FinanceChevron Stayed in Venezuela for 20 Years While Rivals Left. Here's Why Its CEO Says Patience Pays Off.  Yahoo Finance

D’Empaire steers wave of Venezuela hydrocarbons deals - Latin LawyerD’Empaire steers wave of Venezuela hydrocarbons deals  Latin Lawyer

Trump announces new US oil agreement with Venezuela - The GuardianTrump announces new US oil agreement with Venezuela  The Guardian

Chevron's Project Kilby, Venezuela, And Why The Stock Is So Appealing Here (NYSE:CVX) - Seeking AlphaChevron's Project Kilby, Venezuela, And Why The Stock Is So Appealing Here (NYSE:CVX)  Seeking Alpha

Venezuela Rises Plan Delivers 400 Restored Homes in Caracas After Quakes - teleSUR EnglishVenezuela Rises Plan Delivers 400 Restored Homes in Caracas After Quakes  teleSUR English

Death threats against Spanish journalist Roberto Macedonio from Venezuela: Diosdado Cabello and the Bolivarian Navy point him out - El ConstitucionalDeath threats against Spanish journalist Roberto Macedonio from Venezuela: Diosdado Cabello and the Bolivarian Navy point him out  El Constitucional

US eyes Venezuela’s vast mineral resources after major oil gains: Report - The News InternationalUS eyes Venezuela’s vast mineral resources after major oil gains: Report  The News International

U.S. to Take Control of Much of Venezuela’s Proven Oil Reserves - WSJU.S. to Take Control of Much of Venezuela’s Proven Oil Reserves  WSJ

Days after Trump announces Venezuela oil deal, White House fills in some of the details - NPRDays after Trump announces Venezuela oil deal, White House fills in some of the details  NPR

Exclusive: Venezuela, sick with hyperinflation, engages ‘money doctor’ Steve Hanke for dollarization - fortune.comExclusive: Venezuela, sick with hyperinflation, engages ‘money doctor’ Steve Hanke for dollarization  fortune.com

Historic U.S.–Venezuela Oil Agreement Drives Attention to Venezuela Reawakening Summit in Houston - EIN NewsHistoric U.S.–Venezuela Oil Agreement Drives Attention to Venezuela Reawakening Summit in Houston  EIN News

Trump’s Big Venezuela Deal Leaves US Oil Industry Blindsided - Bloomberg.comTrump’s Big Venezuela Deal Leaves US Oil Industry Blindsided  Bloomberg.com

Venezuelan billionaire US investigated now has Pentagon oil deal - applevalleynewsnow.comVenezuelan billionaire US investigated now has Pentagon oil deal  applevalleynewsnow.com

Trump said his deal with Venezuela would lower gas prices. Will it? - washingtonpost.comTrump said his deal with Venezuela would lower gas prices. Will it?  washingtonpost.com

COLUMN | Great expectation: Venezuela's curious oil deal with NABEP as Chevron goes full throttle on Caracas [Offshore Accounts] - Baird MaritimeCOLUMN | Great expectation: Venezuela's curious oil deal with NABEP as Chevron goes full throttle on Caracas [Offshore Accounts]  Baird Maritime

What we know about Trump’s deal giving US access to vast oil reserves in Venezuela - AP NewsWhat we know about Trump’s deal giving US access to vast oil reserves in Venezuela  AP News

US confident Venezuela oil deal will attract investors: Wright - Cyprus Shipping NewsUS confident Venezuela oil deal will attract investors: Wright  Cyprus Shipping News

U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves, Trump says - NBC NewsU.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves, Trump says  NBC News