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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News Headlines

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Oil’s well: Venezuela’s crude exports hit highest since 2018 — India, US and other buyers line up - The Times of IndiaOil’s well: Venezuela’s crude exports hit highest since 2018 — India, US and other buyers line up  The Times of India

Venezuela Oil Exports Hit Seven-Year High - Crude Oil Prices Today | OilPrice.comVenezuela Oil Exports Hit Seven-Year High  Crude Oil Prices Today | OilPrice.com

Venezuela's oil exports jump to highest since 2018, with more sales to US, India - ReutersVenezuela's oil exports jump to highest since 2018, with more sales to US, India  Reuters

Why US Oil Giants Are Making A U-Turn On "Uninvestable" Venezuela Now - NDTVWhy US Oil Giants Are Making A U-Turn On "Uninvestable" Venezuela Now  NDTV

Description updated for Hot-Briquetted Iron Venezuela Exp FOB Venezuelan Ports symbols - S&P GlobalDescription updated for Hot-Briquetted Iron Venezuela Exp FOB Venezuelan Ports symbols  S&P Global

U.S. Oil and Gas Firms Sign Deals to Operate in Venezuela - Crude Oil Prices Today | OilPrice.comU.S. Oil and Gas Firms Sign Deals to Operate in Venezuela  Crude Oil Prices Today | OilPrice.com

Exxon CEO says mulls Venezuela deals, feels "positive about what’s happening" - Investing.comExxon CEO says mulls Venezuela deals, feels "positive about what’s happening"  Investing.com

BP and Venezuela Sign Pact to Explore for Offshore Gas - Bloomberg.comBP and Venezuela Sign Pact to Explore for Offshore Gas  Bloomberg.com

Venezuela Oil Exports Hit Seven Year High On Stronger US And India Demand - BW BusinessworldVenezuela Oil Exports Hit Seven Year High On Stronger US And India Demand  BW Businessworld

Venezuela leader hikes minimum wage package by 26% - ETHRWorld.comVenezuela leader hikes minimum wage package by 26%  ETHRWorld.com

BP signs agreement with Venezuela to develop offshore gas fields - ReutersBP signs agreement with Venezuela to develop offshore gas fields  Reuters

Venezuelan Crude Will Eventually Lower US Gas Prices Chevron Exec - Crude Oil Prices Today | OilPrice.comVenezuelan Crude Will Eventually Lower US Gas Prices Chevron Exec  Crude Oil Prices Today | OilPrice.com

Jury convicts former Florida congressman in Venezuela lobbying case - BBCJury convicts former Florida congressman in Venezuela lobbying case  BBC

Venezuela’s acting president deflects questions about elections - Anadolu AjansiVenezuela’s acting president deflects questions about elections  Anadolu Ajansi

‘A new chapter’: first commercial flight from US since 2019 lands in Venezuela - The Guardian‘A new chapter’: first commercial flight from US since 2019 lands in Venezuela  The Guardian

Suddenly U.S. Oil Giants Are Taking Another Look at ‘Uninvestable’ Venezuela - WSJSuddenly U.S. Oil Giants Are Taking Another Look at ‘Uninvestable’ Venezuela  WSJ

Mercuria and Heeney Capital Secure Strategic Offtake Agreements in Venezuela as Part of U.S.-Backed Energy and Mining Initiative - PR NewswireMercuria and Heeney Capital Secure Strategic Offtake Agreements in Venezuela as Part of U.S.-Backed Energy and Mining Initiative  PR Newswire

First US-Venezuela flight lands in Caracas after seven-year suspension - Al JazeeraFirst US-Venezuela flight lands in Caracas after seven-year suspension  Al Jazeera

Venezuela is back, and Indian refiners are its biggest new customers - theweek.inVenezuela is back, and Indian refiners are its biggest new customers  theweek.in

Venezuela, Methane & EU: This Week's Top Five Energy Stories - Energy Digital MagazineVenezuela, Methane & EU: This Week's Top Five Energy Stories  Energy Digital Magazine

Direct commercial flights between US & Venezuela resume after seven-year gap - News On AIRDirect commercial flights between US & Venezuela resume after seven-year gap  News On AIR

After Trump’s Ousting of Maduro, Little Has Changed for Most Venezuelans - The New York TimesAfter Trump’s Ousting of Maduro, Little Has Changed for Most Venezuelans  The New York Times

Average inflation rate in Venezuela from 1980 to 2027 - StatistaAverage inflation rate in Venezuela from 1980 to 2027  Statista

Watch American Flight Heads to Caracas as Commercial Flights to Venezuela Resume - Bloomberg.comWatch American Flight Heads to Caracas as Commercial Flights to Venezuela Resume  Bloomberg.com

Ex-US lawmaker convicted of lobbying for Venezuela - Bangladesh Sangbad Sangstha (BSS)Ex-US lawmaker convicted of lobbying for Venezuela  Bangladesh Sangbad Sangstha (BSS)

Two Venezuelas: A Pending Reconciliation - Latinoamérica 21Two Venezuelas: A Pending Reconciliation  Latinoamérica 21

Venezuela's Rodriguez says monthly minimum income will rise to $240 - ReutersVenezuela's Rodriguez says monthly minimum income will rise to $240  Reuters

Today's top news: Occupied Palestinian Territory, Cuba, Venezuela, Ukraine - OCHAToday's top news: Occupied Palestinian Territory, Cuba, Venezuela, Ukraine  OCHA

Ex-Fla. congressman and Rubio ally convicted of secretly lobbying for Venezuela - The Washington PostEx-Fla. congressman and Rubio ally convicted of secretly lobbying for Venezuela  The Washington Post

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years - CNN‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years  CNN

Is Venezuela doing better now? - think.kera.orgIs Venezuela doing better now?  think.kera.org

Exxon CEO Feels ‘Positive’ on Venezuela After Earlier Criticism - Bloomberg.comExxon CEO Feels ‘Positive’ on Venezuela After Earlier Criticism  Bloomberg.com

Venezuelan protesters call government wage hike a joke - Bangladesh Sangbad Sangstha (BSS)Venezuelan protesters call government wage hike a joke  Bangladesh Sangbad Sangstha (BSS)

bp’s Venezuela Gas Deal Signals LNG Comeback and Energy Reopening - African Energy Chamberbp’s Venezuela Gas Deal Signals LNG Comeback and Energy Reopening  African Energy Chamber

Venezuela raises monthly minimum wage to $240, pensions to $70 - Anadolu AjansiVenezuela raises monthly minimum wage to $240, pensions to $70  Anadolu Ajansi

US-Venezuela direct flights resume after seven-year suspension - Al JazeeraUS-Venezuela direct flights resume after seven-year suspension  Al Jazeera

Video: Why U.S. Officials Are in Venezuela Right Now - The New York TimesVideo: Why U.S. Officials Are in Venezuela Right Now  The New York Times

Delcy Rodriguez calls for a ‘Venezuela free of sanctions’ amid US detente - Al JazeeraDelcy Rodriguez calls for a ‘Venezuela free of sanctions’ amid US detente  Al Jazeera

U.S. Commercial Flights to Venezuela Are Back. WSJ Was On Board - WSJU.S. Commercial Flights to Venezuela Are Back. WSJ Was On Board  WSJ

Thousands of Venezuelans protest cost of living, low wages - NBC NewsThousands of Venezuelans protest cost of living, low wages  NBC News

Venezuela Oil Exports Hit 1 Million Barrels a Day in Post-Maduro Era - Bloomberg.comVenezuela Oil Exports Hit 1 Million Barrels a Day in Post-Maduro Era  Bloomberg.com

Direct flights to Venezuela resume, but many still can’t go home - The Washington PostDirect flights to Venezuela resume, but many still can’t go home  The Washington Post

Venezuela's Interim President's Essequibo Badge Sparks Guyana Protest - ????Venezuela's Interim President's Essequibo Badge Sparks Guyana Protest  ????

Former congressman David Rivera convicted in case on secret Venezuela lobbying - PBSFormer congressman David Rivera convicted in case on secret Venezuela lobbying  PBS

U.S. flights return to Venezuela, furthering ties - ShareAmerica (.gov)U.S. flights return to Venezuela, furthering ties  ShareAmerica (.gov)

IMF, World Bank say they are restoring ties with Venezuela - Al JazeeraIMF, World Bank say they are restoring ties with Venezuela  Al Jazeera

Türkiye to play North Macedonia and Venezuela in pre-World Cup - Türkiye TodayTürkiye to play North Macedonia and Venezuela in pre-World Cup  Türkiye Today

Exxon Mobil Weighs Venezuela Oil Entry And Portfolio Risk Reward Trade Off - simplywall.stExxon Mobil Weighs Venezuela Oil Entry And Portfolio Risk Reward Trade Off  simplywall.st

Maduro Is Gone, and the Purge Has Begun - The New York TimesMaduro Is Gone, and the Purge Has Begun  The New York Times

A Jet to Caracas Becomes the Face of Trump’s Venezuela Reset - WSJA Jet to Caracas Becomes the Face of Trump’s Venezuela Reset  WSJ

The New York Times. . U.S. officials visited Venezuela after the first direct flight between the two countries since 2019. Our White House correspondent Tyler Pager describes how the main message of the trip was, in the words of a White House adviser, “drill, b - facebook.comThe New York Times. . U.S. officials visited Venezuela after the first direct flight between the two countries since 2019. Our White House correspondent Tyler Pager describes how the main message of the trip was, in the words of a White House adviser, “drill, b  facebook.com

Venezuela signs $2B oil MoUs with US firms amid supply shift - Crypto BriefingVenezuela signs $2B oil MoUs with US firms amid supply shift  Crypto Briefing

Why US Oil Majors are Reigniting Their Interest in Venezuela - Energy Digital MagazineWhy US Oil Majors are Reigniting Their Interest in Venezuela  Energy Digital Magazine

After Seven Years, First U.S. Direct Flight Lands in Caracas - The New York TimesAfter Seven Years, First U.S. Direct Flight Lands in Caracas  The New York Times

Chevron Refocuses Portfolio Toward Venezuelan Heavy Oil And Valuation Question Marks - Yahoo Finance SingaporeChevron Refocuses Portfolio Toward Venezuelan Heavy Oil And Valuation Question Marks  Yahoo Finance Singapore

First direct US-Venezuela flight in 7 years lands in Caracas - dw.comFirst direct US-Venezuela flight in 7 years lands in Caracas  dw.com

Venezuelan Gov’t Maintains Frozen Minimum Wage, Hikes Bonuses on May Day - VenezuelanalysisVenezuelan Gov’t Maintains Frozen Minimum Wage, Hikes Bonuses on May Day  Venezuelanalysis

CNN boards first commercial flight to Venezuela in nearly seven years - CNNCNN boards first commercial flight to Venezuela in nearly seven years  CNN

American Airlines returns to Venezuela with first Miami to Caracas flight - American Airlines NewsroomAmerican Airlines returns to Venezuela with first Miami to Caracas flight  American Airlines Newsroom

The first direct US-Venezuela commercial flight in 7 years lands in Caracas - AP NewsThe first direct US-Venezuela commercial flight in 7 years lands in Caracas  AP News

Trump admin. officials fly on first direct commercial flight between U.S. and Venezuela in 7 years - CBS NewsTrump admin. officials fly on first direct commercial flight between U.S. and Venezuela in 7 years  CBS News

U.S. Oil Majors Reclaim Venezuela’s Oil Fields - ????U.S. Oil Majors Reclaim Venezuela’s Oil Fields  ????

Venezuela Needs Regime Change: The Narrow Path to a Democratic Transition - Foreign AffairsVenezuela Needs Regime Change: The Narrow Path to a Democratic Transition  Foreign Affairs

US-Venezuela commercial flights restart - France 24US-Venezuela commercial flights restart  France 24

Former Miami congressman convicted of secretly lobbying for Venezuela - TelegraphHerald.comFormer Miami congressman convicted of secretly lobbying for Venezuela  TelegraphHerald.com

Venezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar - CNNVenezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar  CNN

Vietnam and Venezuela Ramp Up Tourism Cooperation, Exploring New Ecotourism Routes, Cultural Partnerships, and Targeted Destination Promotion to Foster Stronger Economic and People-to-People Ties Between the Two Nations - Travel And Tour WorldVietnam and Venezuela Ramp Up Tourism Cooperation, Exploring New Ecotourism Routes, Cultural Partnerships, and Targeted Destination Promotion to Foster Stronger Economic and People-to-People Ties Between the Two Nations  Travel And Tour World

Donald Trump has made Venezuela a better place - The EconomistDonald Trump has made Venezuela a better place  The Economist

Ex-Florida congressman convicted for secretly lobbying for Venezuela - upi.comEx-Florida congressman convicted for secretly lobbying for Venezuela  upi.com

Venezuela signs oil, gas deals with US companies - Myanmar International TVVenezuela signs oil, gas deals with US companies  Myanmar International TV

Jury Convicts Florida Ex-Rep. David Rivera in Conspiracy Trial - The New York TimesJury Convicts Florida Ex-Rep. David Rivera in Conspiracy Trial  The New York Times

US Sold 100 Million Barrels Of Venezuelan Oil – Trump - BernamaUS Sold 100 Million Barrels Of Venezuelan Oil – Trump  Bernama

US eases sanctions on state-run Venezuelan banks - BBCUS eases sanctions on state-run Venezuelan banks  BBC

Venezuela’s oil exports climb 14% to highest level in over 7 years - Oil & Gas 360Venezuela’s oil exports climb 14% to highest level in over 7 years  Oil & Gas 360

Venezuela's Rodriguez pushes reforms in first 100 days - dw.comVenezuela's Rodriguez pushes reforms in first 100 days  dw.com

Venezuela is not the triumph Donald Trump claims, but it’s improving - The EconomistVenezuela is not the triumph Donald Trump claims, but it’s improving  The Economist

US resumes commercial passenger air service to Venezuela after seven years - ReutersUS resumes commercial passenger air service to Venezuela after seven years  Reuters

David Rivera found guilty of secretly lobbying for Venezuela - NBC 6 South FloridaDavid Rivera found guilty of secretly lobbying for Venezuela  NBC 6 South Florida

First U.S. flight to Venezuela in 7 years lands in Caracas - NBC NewsFirst U.S. flight to Venezuela in 7 years lands in Caracas  NBC News

US-Venezuela relations warm as American Airlines launches Caracas service from Miami - MonocleUS-Venezuela relations warm as American Airlines launches Caracas service from Miami  Monocle

Flights to Venezuela are finally back after a 7-year freeze. Only 1 US airline is restarting service. - Business InsiderFlights to Venezuela are finally back after a 7-year freeze. Only 1 US airline is restarting service.  Business Insider

Venezuela’s Machado to hold Madrid rally as opposition frozen out after Maduro capture | María Corina Machado - The GuardianVenezuela’s Machado to hold Madrid rally as opposition frozen out after Maduro capture | María Corina Machado  The Guardian

Mercuria, Heeney Capital ink Venezuela offtake deals under White House-backed initiative - KITCOMercuria, Heeney Capital ink Venezuela offtake deals under White House-backed initiative  KITCO

Opinion | The Trouble in Trump’s Venezuela - WSJOpinion | The Trouble in Trump’s Venezuela  WSJ

LATAM Cargo to launch US-Venezuela-Bogota route - Cargo FactsLATAM Cargo to launch US-Venezuela-Bogota route  Cargo Facts

Washington needs a ‘Plan Venezuela’ before it’s too late - Atlantic CouncilWashington needs a ‘Plan Venezuela’ before it’s too late  Atlantic Council

Venezuela signs oil deals with U.S. firms - ????Venezuela signs oil deals with U.S. firms  ????

Venezuela Oil Exports to the US and India Surge in 2026 - Discovery AlertVenezuela Oil Exports to the US and India Surge in 2026  Discovery Alert

Trump ‘reaping bitter fruit’ of thinking Iran intervention as easy as Venezuela, says former diplomat - The GuardianTrump ‘reaping bitter fruit’ of thinking Iran intervention as easy as Venezuela, says former diplomat  The Guardian

Ex-GOP Rep. David Rivera convicted of secretly lobbying U.S. officials on behalf of Venezuela - NBC NewsEx-GOP Rep. David Rivera convicted of secretly lobbying U.S. officials on behalf of Venezuela  NBC News

Press Release on recent developments in Venezuela - Ministry of External AffairsPress Release on recent developments in Venezuela  Ministry of External Affairs

Video: Direct Flights Between U.S. and Venezuela Resume After 7 Years - The New York TimesVideo: Direct Flights Between U.S. and Venezuela Resume After 7 Years  The New York Times

Ex-Florida GOP lawmaker convicted of secretly lobbying for Venezuela - The HillEx-Florida GOP lawmaker convicted of secretly lobbying for Venezuela  The Hill

Mirtha Rivero Maps The Night That Shrouded Venezuela's Institutions - Caracas ChroniclesMirtha Rivero Maps The Night That Shrouded Venezuela's Institutions  Caracas Chronicles

US soldier charged after winning $400,000 betting on removal of Maduro - BBCUS soldier charged after winning $400,000 betting on removal of Maduro  BBC

Maduro’s replacement launches ‘purge-lite’ to consolidate her power - The TelegraphMaduro’s replacement launches ‘purge-lite’ to consolidate her power  The Telegraph

Venezuela’s Economy Is Accelerating, But Will Depend on More Than Oil - Americas QuarterlyVenezuela’s Economy Is Accelerating, But Will Depend on More Than Oil  Americas Quarterly

Venezuela opens arms to world with Miami-Caracas flight - Yahoo Finance UKVenezuela opens arms to world with Miami-Caracas flight  Yahoo Finance UK

Venezuelan acting President Delcy Rodríguez asks workers for patience and promises May wage increase - AP NewsVenezuelan acting President Delcy Rodríguez asks workers for patience and promises May wage increase  AP News

Former US congressman convicted of secretly lobbying for Venezuela - KSL.comFormer US congressman convicted of secretly lobbying for Venezuela  KSL.com

White House officials leading new delegation to Venezuela for energy, mining agreements - PoliticoWhite House officials leading new delegation to Venezuela for energy, mining agreements  Politico

Jorge Rodríguez: ‘The most important thing in Venezuela right now is the economy’ - EL PAÍS EnglishJorge Rodríguez: ‘The most important thing in Venezuela right now is the economy’  EL PAÍS English