The Organization of the Petroleum Exporting Countries published a report on Wednesday, August 12, stating that Venezuela's crude oil production reached 1.2 million barrels per day in July.
This figure represents a 1.09 % increase compared to June. "So far this year, its production has increased by…
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Venezuela
Central Bank of Venezuela updates banking fees
Through Official Gazette No. 46,427, dated July 31, the Central Bank of Venezuela established the new bank fees, effective immediately for all financial institutions in the country.
The new fees apply to bank transfers, check issuance,…
Caribbean Development Bank to support Venezuela’s recovery
The Caribbean Development Bank (CBD) announced on Monday, August 10, the approval of $1 million in aid for Venezuela's Recovery and Reconstruction Fund following the June 24 earthquakes.
This fund was “established by the Development Bank…
Bancamiga reopens affected branches and strengthens customer support
This effort stems from a clear premise: to ensure that every customer once again receives close, human, and personalized service from their business executives in fully optimized spaces.
From the very beginning of the crisis, Bancamiga's…
Caracas implements reduced working hours
The Caracas mayor's office announced a reduction in working hours, aligning with the energy saving plan announced by acting president Delcy Rodríguez, in order to address the effects of the Super Niño phenomenon.
Workers will report to…
Binance starts rollout of payment card in Venezuela
The Binance crypto platform has begun the gradual rollout of its Binance Card in Venezuela, offering a new payment tool for direct transactions at both physical and online stores.
It was learned that the activation of this new service will…
Venezuela bans export of construction materials
The Venezuelan government prohibited the export of construction materials through Official Gazette No. 43,409. The measure will be in effect until December 31, 2026, according to Decree No. 5,376.
According to the official gazette, the…
Venezuela reduces oil exports to India and Europe
Venezuela reduced its oil exports to India and Europe in June as a result of declining inventories.
In June, oil exports reached 1,163,323 barrels per day, "a decrease compared to the level above 1.2 million barrels per day seen in…
Venezuela +58 Vol. 1: Jagi Strengthens our identity with a new limited rdition of caps
Presented as a limited edition, these caps promote identity from a clean, tactile, and timeless design perspective. They are now available in the following colors: burgundy, cream, black, and navy blue.
Criteria, texture, and roots
The…
Venezuela works on coral conservation project
The Ministry of Popular Power for Science and Technology (Mincyt) and the Oceanographic Institute of Venezuela (IOV), affiliated with the University of the East (UDO), are developing a pilot project in Sucre State, in eastern Venezuela, for…
Venezuelan banking system incorporates Phoenix3k’s CatCARD platform to unify card management
The CatCARD platform, developed by Phoenix3k, is the Venezuelan banking system's newest partner, aiming to centralize the issuance and monitoring of debit, credit, and prepaid cards, as well as achieve a single digital infrastructure.…
Aruba resumes commercial flights with Venezuela
Aruba announced this weekend, via a NOTAM, the reopening of its air border with Venezuela, representing the gradual resumption of commercial flights only from Queen Beatrix International Airport to Venezuelan territory.
Juan Gotopo, Vice…