
US President Donald Trump said on Wednesday that Venezuela does not yet meet the conditions to call elections, five days after announcing the agreement granting Washington majority control over a fifth of the country's oil reserves for a century.
Add your comment!
The White House on Monday identified the company that will operate seventeen Venezuelan oil fields for a century in partnership with the US government: North American Blue Energy Partners, owned by Venezuelan businessman Alejandro Betancourt, who is under investigation in Switzerland and Spain over his alleged involvement in a scheme to launder funds from the state oil company PDVSA. There is no conviction against him.
Add your comment!
US President Donald Trump announced on Friday an agreement with Venezuela's interim government granting Washington majority control over more than 65 billion barrels of proven Venezuelan crude reserves, around 21% of the country's total. Acting president Delcy Rodríguez confirmed the deal.
Add your comment!
The government of acting president Delcy Rodríguez and a section of Venezuela's opposition closed the first round of negotiations in Caracas on Wednesday with two agreements: restarting from scratch the renewal of the Supreme Court of Justice, and acting jointly to recover Venezuelan gold reserves held at the Bank of England.

Delegations from the Venezuelan government and one sector of the opposition met on Thursday in Caracas to open negotiations backed by the United States, in the first face-to-face encounter since Nicolás Maduro's detention by US forces on January 3.

U.S. Secretary of State Marco Rubio said on Monday that talks to begin a democratic transition in Venezuela will start in early August. Rubio, who leads Washington's relationship with Caracas, said a group representing the National Assembly elected in 2015 —the last one the United States recognizes as legitimate— met with the interim government and agreed to establish a forum for reconciliation talks and to begin the transition process.

The two legislative bodies vying for legitimacy in Venezuela will begin a joint working agenda on August 1, promoted by the United States, with the stated aim of moving toward a democratic reinstitutionalization of the country, more than six months after the capture of former President Nicolás Maduro.

Venezuela's acting president, Delcy Rodríguez, has appointed diplomat Félix Plasencia to head a new Ministry of Foreign Relations and Trade, merging the diplomatic and foreign trade portfolios. Plasencia had until now served as Venezuela's chief of mission in the United States, and replaces Yvan Gil, foreign minister since 2023, who moves to the Ministry of Science and Technology.

The number of victims from the twin earthquake that struck north-central Venezuela on Wednesday rose to at least 589 dead and 2,980 injured, according to the toll given on Friday by acting President Delcy Rodríguez, who warned that the figure would keep rising. Rescue teams worked against the clock through the rubble as the first 72 hours —considered critical for finding survivors— drew to a close.

Two powerful earthquakes of magnitude 7.2 and 7.5, about 39 seconds apart, struck north-central Venezuela on Wednesday afternoon, collapsing buildings in the capital, Caracas, and leaving rescue teams working through the rubble, according to the US Geological Survey (USGS). Acting President Delcy Rodríguez declared a state of emergency, though she did not provide figures for the injured or dead.