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Venezuela holds the largest oil reserves on earth, plus gas, gold, water and forest. Who extracts them, who profits and what it costs, as of October 2026. The post Venezuela Natural Resources Explained 2026 appeared first on The Rio Times.
A UN regional report projects Venezuela terms of trade up 23% in 2026 and exports up 17% to US$29.1 billion, driven by prices as volume falls 11%. The post Venezuela Terms of Trade to Jump 23% appeared first on The Rio Times.
Delcy Rodríguez said Venezuela's oil industry will get almost US$76 billion in five years, citing 17 deals with the US and 324,000 jobs in a decade. The post Venezuela Sees US$76 Billion Oil Investment appeared first on The Rio Times.
The World Bank could loan Venezuela as much as $5 billion over the next two years, as the country resumes relations with the Washington-based lender, a top official said.
Venezuela exports fertilizer to the US: Pequiven, the state petrochemical company, shipped 30,000 metric tons through a US trader, Washington said. The post Venezuela Exports Fertilizer to the US appeared first on The Rio Times.
Who the Venezuela foreign players are in 2026: Washington, licensed oil majors, NABEP, shut-out China and Russia, lenders and 7.9 million abroad. The post Foreign Powers and Investors in Venezuela 2026 appeared first on The Rio Times.
Venezuela’s Economy Vice President Calixto Ortega said the publication of the country’s debt sustainability assessment was delayed by the massive twin earthquakes earlier this year but remains “a priority.”
The IMF's new World Economic Outlook projects Venezuela's inflation at 467.9% for 2026, the highest in Latin America, with about 5% growth. The post Venezuela Inflation to Hit 467% This Year, IMF Says appeared first on The Rio Times.
Venezuela's acting president launched the Venezuela Alimenta plan in Rome on Monday and, El Nacional reported, blamed US sanctions for lost food output. The post Venezuela’s Rodríguez Launches Food Plan at FAO in Rome appeared first on The Rio Times.
Venezuela’s creditor group has been expanding and now accounts for nearly 40% of all the debt outstanding, putting it in a stronger position as fresh optimism builds that the nation’s long-delayed restructuring is high on the agenda in Washington and Caracas.
Venezuela's acting president Delcy Rodríguez said 44 more oil and gas deals are in talks and about US$12 billion in financing is expected. The post Venezuela Eyes 44 More Oil Deals and US$12 Billion appeared first on The Rio Times.
Venezuela’s bolivar weakened past 1,000 per dollar in the parallel market for the first time, testing authorities’ efforts to contain its slide amid declining government sales of hard currency.
A senior US Commerce official promoted trade in Caracas on 7 October, as US goods exports to Venezuela rose 79% in the first eight months of 2026. The post Venezuela Hosts US Commerce Official on 7 October appeared first on The Rio Times.
An explosion has ripped through Venezuela's second-largest oil refinery, causing it to suspend activities.
Venezuela geopolitics after Maduro: how Washington runs the oil money, what China and Russia still hold, and where Europe, India and Türkiye stand. The post Venezuela Geopolitics Explained 2026 appeared first on The Rio Times.
Venezuelan crude shipments to Spain reached 641,000 tonnes in August, edging past US supplies for third place, official data published on Monday show. The post Venezuela Edges Past US in Spain Crude Sales in August appeared first on The Rio Times.
OPEC+ kept November oil targets unchanged on 4 October 2026. Venezuela is exempt from quotas, yet it sells into the price the group defends. The post Venezuela Stays Outside OPEC+ Quotas as Targets Hold appeared first on The Rio Times.
Venezuela's power deficit is about 3,000 megawatts, roughly a fifth of demand, two engineers told El Nacional. Night protests against blackouts continued in Aragua, Cojedes, Carabobo and Táchira, while the government restarted a turbine in Zulia and promises 1,300 megawatts by December. The post Venezuela Power Deficit Put at 3,000 Megawatts as Night Protests Spread appeared first on The Rio Times.
Glencore Plc, Peabody Energy Corp. and Heeney Capital are weighing deals to produce coal in Venezuela as the Trump administration’s push for US-allied companies to develop the nation’s resources extends beyond oil.
Some 650 foreign and local executives, government officials and foreign diplomats are due to attend the Venezuela International Oil and Gas Summit starting Tuesday, with over 150 more on the waiting list. Patricia Garip reports from Caracas. (Source: Bloomberg)
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.
How is Venezuela's economy doing in 2026? The IMF projects 4% growth and 387% inflation, oil is back above 1.2 million barrels a day, and the bolívar keeps sliding. The full picture. The post Venezuela’s Economy in 2026: Oil, Sanctions, Inflation — the State of Play 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.
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.