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Venezuela implements Unified Protocol for Non-Oil Exports
The Venezuelan government began implementing the new Unified Protocol for Non-Oil Exports this March, aimed at simplifying the legal framework for the international sale of local products.
The new protocol, based on the digitization of…
Venezuela boosts sugar production through the 2026 Agro-Industrial Plan
Through the 2026 Agro-Industrial Plan, the Venezuelan Ministry of Productive Agriculture and Lands is boosting sugar production in the states of Yaracuy, Sucre, and Zulia.
These states contribute more than 3,000 jobs and ensure the supply…
India and Canada expect to sign free trade agreement before year’s end
During a recent meeting in New Delhi between Canadian Prime Minister Mark Carney, and his counterpart Narendra Modi, Carney announced that both nations plan to sign the Comprehensive Economic Partnership Agreement (CEPA) before the end of…
Oil, gas, and gold prices rise
Oil, gas, and gold prices showed a marked increase on Monday due to the impact of the Middle East conflict on the energy sector.
Regarding oil, on Monday, March 2, the price exceeded $80 per barrel. Disruptions to crude oil supply drove…
Fish exports from La Guaira to Europe exceeded 100 tons
The state of La Guaira, a Special Economic Zone (EEZ) in the country, exported more than 100 tons of fish to Europe this month, according to its sole authority, Marcos Meléndez.
The official indicated that this figure represents positive…
BP announces oil field discovery off the coast of Brazil
The Pau-Brazil field, discovered by BP off the coast of the Latin American country, is one of the largest deepwater findings, with stable reservoir pressure and high-quality light oil (28 to 30 degrees API), from pre-seal carbonate…
Experts propose the creation of a National Mining Agency
During a virtual meeting of legal and governance specialists, the creation of the National Mining Management and Administration Agency (ANGAM) was proposed, along with a new Mining Law to resolve the current anarchy in the industry.…
Ecuador’s government expects to increase oil production by 2,411 barrels per day
Ecuador's oil production could increase by 2,411 barrels per day between the end of April and the beginning of May of this year, according to the government, after reaching 459,743.34 barrels per day last Sunday.
Of this figure, 363,789.35…
Increased remittances to Venezuela will strengthen the use of digital wallets
Experts cited by the Inter-American Dialogue Migration and Remittances Program Data Program predict a boom in digital wallets in Venezuela thanks to the increase in remittances from the United States.
The reduction in the exchange rate…
Repsol to resume operations in Venezuela with 50 % production increase
The Spanish oil company Repsol plans to resume operations in Venezuela, thanks to new licenses issued by the OFAC (Office of Foreign Assets Control), as well as the United States' openness to new business opportunities.
Furthermore, the…
Venezuela and Colombia strengthen energetic agenda
The energy agenda between Colombia and Venezuela is progressing positively, according to the president of Petróleos de Venezuela (PDVSA), Héctor Obregón, regarding the visit to Caracas of the Colombian Minister of Mines and Energy, Edwin…