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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Venezuela starts ‘exploratory process’ to re-establish formal ties with US - Al JazeeraVenezuela starts ‘exploratory process’ to re-establish formal ties with US  Al Jazeera

Colombian President Gustavo Petro tells CBS News he hopes dialogue with Trump will "stop a world war" - cbsnews.comColombian President Gustavo Petro tells CBS News he hopes dialogue with Trump will "stop a world war"  cbsnews.com

‘If you want to go in…’: Oil chiefs express caution as Trump pushes oil plan — what happened at the meeti - Times of India‘If you want to go in…’: Oil chiefs express caution as Trump pushes oil plan — what happened at the meeti  Times of India

What’s Happening With the U.S. and Venezuela, Explained - Time MagazineWhat’s Happening With the U.S. and Venezuela, Explained  Time Magazine

US ready to sell Venezuelan oil to India under Washington-controlled framework - India TodayUS ready to sell Venezuelan oil to India under Washington-controlled framework  India Today

Is China looking at Venezuela as a blueprint for action on Taiwan? - CNNIs China looking at Venezuela as a blueprint for action on Taiwan?  CNN

Venezuela's interior minister says 100 people died in U.S. attack - ReutersVenezuela's interior minister says 100 people died in U.S. attack  Reuters

Our perspective regarding the situation in Venezuela as shared with President Trump - Exxon Mobil CorporationOur perspective regarding the situation in Venezuela as shared with President Trump  Exxon Mobil Corporation

U.S. intercepts fifth tanker that tried to break Venezuela blockade; Trump says ‘oil will be sold’ - The HinduU.S. intercepts fifth tanker that tried to break Venezuela blockade; Trump says ‘oil will be sold’  The Hindu

Trump Urges US Oil Giants To Invest $100 Billion In Venezuela - NDTVTrump Urges US Oil Giants To Invest $100 Billion In Venezuela  NDTV

Imagery from Venezuela Shows a Surgical Strike, Not Shock and Awe - CSIS | Center for Strategic and International StudiesImagery from Venezuela Shows a Surgical Strike, Not Shock and Awe  CSIS | Center for Strategic and International Studies

‘A more convenient dictatorship’: fear and uncertainty in Venezuela after fall of Maduro - The Guardian‘A more convenient dictatorship’: fear and uncertainty in Venezuela after fall of Maduro  The Guardian

Trump says US must own Greenland to block ambitions of China and Russia - BBCTrump says US must own Greenland to block ambitions of China and Russia  BBC

Venezuela oil meeting as it happened: Exxon tells Trump Venezuela ‘uninvestable’ without big changes, Chevron says Venezuela output can increase 50% in next 18 to 24 months - Financial TimesVenezuela oil meeting as it happened: Exxon tells Trump Venezuela ‘uninvestable’ without big changes, Chevron says Venezuela output can increase 50% in next 18 to 24 months  Financial Times

U.S. and Venezuela take initial steps toward restoring relations after Maduro's capture - PBSU.S. and Venezuela take initial steps toward restoring relations after Maduro's capture  PBS

After President’s Capture, U.S. and Venezuela Explore Restoring Diplomatic Ties - The New York TimesAfter President’s Capture, U.S. and Venezuela Explore Restoring Diplomatic Ties  The New York Times

Venezuela after Maduro: Transaction or Transition? - International Crisis GroupVenezuela after Maduro: Transaction or Transition?  International Crisis Group

Venezuela live updates: US forces board 5th oil tanker linked to Venezuela - abcnews.go.comVenezuela live updates: US forces board 5th oil tanker linked to Venezuela  abcnews.go.com

India's Reliance in talks for US permit to buy Venezuelan oil, sources say - ReutersIndia's Reliance in talks for US permit to buy Venezuelan oil, sources say  Reuters

Trump promises oil executives ‘total safety’ if they invest in Venezuela - Al JazeeraTrump promises oil executives ‘total safety’ if they invest in Venezuela  Al Jazeera

Trump seeks $100bn for Venezuela oil, but Exxon boss says country 'uninvestable' - BBCTrump seeks $100bn for Venezuela oil, but Exxon boss says country 'uninvestable'  BBC

US oil giant ExxonMobil tells Donald Trump Venezuela is ‘uninvestable’ - Financial TimesUS oil giant ExxonMobil tells Donald Trump Venezuela is ‘uninvestable’  Financial Times

Trump’s Venezuela strike won’t distract voters from the crises at home | Steven Greenhouse - The GuardianTrump’s Venezuela strike won’t distract voters from the crises at home | Steven Greenhouse  The Guardian

US seizes fifth oil tanker as Venezuela pressure campaign continues - Al JazeeraUS seizes fifth oil tanker as Venezuela pressure campaign continues  Al Jazeera

US seizes fifth oil tanker linked to Venezuela, officials say - BBCUS seizes fifth oil tanker linked to Venezuela, officials say  BBC

Trump promises oil companies ‘total safety’ in Venezuela as he urges them to invest billions - The GuardianTrump promises oil companies ‘total safety’ in Venezuela as he urges them to invest billions  The Guardian

Trump news at a glance: president pitches oil companies on major extractions in Venezuela - The GuardianTrump news at a glance: president pitches oil companies on major extractions in Venezuela  The Guardian

'You're dealing with us': Trump says US to decide which oil firms will operate in Venezuela; meets compan - Times of India'You're dealing with us': Trump says US to decide which oil firms will operate in Venezuela; meets compan  Times of India

Venezuela-style strike on Taiwan's leader could prove tricky for China - ReutersVenezuela-style strike on Taiwan's leader could prove tricky for China  Reuters

Trump urges $100B in oil investments in Venezuela as Exxon says it’s ‘uninvestable’ without reforms - FortuneTrump urges $100B in oil investments in Venezuela as Exxon says it’s ‘uninvestable’ without reforms  Fortune

Families anxiously wait for prisoners to be released in Venezuela, just nine freed - ReutersFamilies anxiously wait for prisoners to be released in Venezuela, just nine freed  Reuters

Trump Urges Oil Companies to Speed Work in Venezuela - The New York TimesTrump Urges Oil Companies to Speed Work in Venezuela  The New York Times

Big and small oil companies summoned to meet Trump on Venezuelan oil - Al JazeeraBig and small oil companies summoned to meet Trump on Venezuelan oil  Al Jazeera

‘It’s uninvestible’: Trump’s Venezuela pitch met with skepticism from oil executives - CNN‘It’s uninvestible’: Trump’s Venezuela pitch met with skepticism from oil executives  CNN

January 9, 2025: Trump meets with US execs about plans to overhaul Venezuela oil industry - CNNJanuary 9, 2025: Trump meets with US execs about plans to overhaul Venezuela oil industry  CNN

US State Department team arrives in Venezuela for first time since Maduro’s capture - CNNUS State Department team arrives in Venezuela for first time since Maduro’s capture  CNN

Venezuela looks to rebuild diplomatic ties with US - ReutersVenezuela looks to rebuild diplomatic ties with US  Reuters

Trump Says U.S. Oversight of Venezuela Could Last for Years - The New York TimesTrump Says U.S. Oversight of Venezuela Could Last for Years  The New York Times

US military forces seize fifth tanker in effort to control Venezuelan oil - The GuardianUS military forces seize fifth tanker in effort to control Venezuelan oil  The Guardian

How markets have cashed in on Maduro’s capture in Venezuela – and why it’s raising questions - The ConversationHow markets have cashed in on Maduro’s capture in Venezuela – and why it’s raising questions  The Conversation

Trump says oil companies will spend $100 billion in Venezuela with U.S. protection - CNBCTrump says oil companies will spend $100 billion in Venezuela with U.S. protection  CNBC

US involvement in Venezuela could last years, Trump says - BBCUS involvement in Venezuela could last years, Trump says  BBC

Donald Trump's Venezuela risk brings risk to China's plans - BBCDonald Trump's Venezuela risk brings risk to China's plans  BBC

High costs, falling returns: what could go wrong for Trump’s Venezuela oil gamble? - The GuardianHigh costs, falling returns: what could go wrong for Trump’s Venezuela oil gamble?  The Guardian

Trump cancels second wave of attacks on Venezuela after ‘cooperation’ - Al JazeeraTrump cancels second wave of attacks on Venezuela after ‘cooperation’  Al Jazeera

U.S. Boards Another Tanker Carrying Venezuelan Oil - The New York TimesU.S. Boards Another Tanker Carrying Venezuelan Oil  The New York Times

Venezuelan government begins releasing political prisoners - BBCVenezuelan government begins releasing political prisoners  BBC

The most feared man in Venezuela vows to ‘battle’ the US - Financial TimesThe most feared man in Venezuela vows to ‘battle’ the US  Financial Times

US and Venezuela take first steps toward restoring relations after Maduro’s ouster - AP NewsUS and Venezuela take first steps toward restoring relations after Maduro’s ouster  AP News

Focus: Banks eye Venezuela investment, JPMorgan seen with advantage - ReutersFocus: Banks eye Venezuela investment, JPMorgan seen with advantage  Reuters

Trump latest: US will 'do something' on Greenland 'whether they like it or not,' says president - Sky NewsTrump latest: US will 'do something' on Greenland 'whether they like it or not,' says president  Sky News

Trump says he’s canceled second wave of attacks on Venezuela - CNBCTrump says he’s canceled second wave of attacks on Venezuela  CNBC

Exxon studies Venezuela return as Chevron plots immediate production bump - ReutersExxon studies Venezuela return as Chevron plots immediate production bump  Reuters

Trump Presses Oil Executives to Invest in Venezuela—but Gets Lukewarm Reception - The Wall Street JournalTrump Presses Oil Executives to Invest in Venezuela—but Gets Lukewarm Reception  The Wall Street Journal

US State Department team arrives in Venezuela for first time since Maduro’s capture - CNNUS State Department team arrives in Venezuela for first time since Maduro’s capture  CNN

U.S. Seizes Fifth Oil Tanker Linked to Venezuela - Time MagazineU.S. Seizes Fifth Oil Tanker Linked to Venezuela  Time Magazine

Donald Trump says he has ‘cancelled’ further strikes on Venezuela as US seizes another tanker - Financial TimesDonald Trump says he has ‘cancelled’ further strikes on Venezuela as US seizes another tanker  Financial Times

Venezuelan economic expert at DU explains US removal of Nicolás Maduro, what’s next - Colorado Public RadioVenezuelan economic expert at DU explains US removal of Nicolás Maduro, what’s next  Colorado Public Radio

Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus - ReutersOil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus  Reuters

A closer look at a BGP anomaly in Venezuela - The Cloudflare BlogA closer look at a BGP anomaly in Venezuela  The Cloudflare Blog

After Trump’s attack, we Venezuelans need to know what comes next – authoritarianism or democracy | Jesús Piñero - The GuardianAfter Trump’s attack, we Venezuelans need to know what comes next – authoritarianism or democracy | Jesús Piñero  The Guardian

US foes and allies denounce Trump’s ‘crime of aggression’ in Venezuela at UN meeting - The GuardianUS foes and allies denounce Trump’s ‘crime of aggression’ in Venezuela at UN meeting  The Guardian

US action in Venezuela morally right, Kemi Badenoch says - BBCUS action in Venezuela morally right, Kemi Badenoch says  BBC

Trump meets with oil and gas execs to talk about Venezuelan infrastructure - NBC NewsTrump meets with oil and gas execs to talk about Venezuelan infrastructure  NBC News

Trump says Venezuela will be 'turning over' up to 50 million barrels of oil to US - BBCTrump says Venezuela will be 'turning over' up to 50 million barrels of oil to US  BBC

Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception - The New York TimesTrump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception  The New York Times

U.S. oil giants tell Trump they're noncommittal on Venezuela - AxiosU.S. oil giants tell Trump they're noncommittal on Venezuela  Axios

Abduction of Venezuela’s Maduro illegal despite US charges, experts say - Al JazeeraAbduction of Venezuela’s Maduro illegal despite US charges, experts say  Al Jazeera

Donald Trump to meet oil executives over $100bn Venezuela investment - Financial TimesDonald Trump to meet oil executives over $100bn Venezuela investment  Financial Times

Venezuela begins releasing political detainees to ‘consolidate peace’ - The GuardianVenezuela begins releasing political detainees to ‘consolidate peace’  The Guardian

Venezuela latest: Trump says 'many' Cuban soldiers killed in Caracas raid but calls operation 'brilliant' - BBCVenezuela latest: Trump says 'many' Cuban soldiers killed in Caracas raid but calls operation 'brilliant'  BBC

Trump urges US oil giants to repair Venezuela's 'rotting' energy industry - ReutersTrump urges US oil giants to repair Venezuela's 'rotting' energy industry  Reuters

Trump claims he has cancelled second wave of attacks on Venezuela - The GuardianTrump claims he has cancelled second wave of attacks on Venezuela  The Guardian

Nobel winner Maria Machado says her coalition should lead Venezuela - BBCNobel winner Maria Machado says her coalition should lead Venezuela  BBC

Updates: Trump boasts of abduction of Venezuela’s Maduro amid global outcry - Al JazeeraUpdates: Trump boasts of abduction of Venezuela’s Maduro amid global outcry  Al Jazeera

Venezuelan currency plunges as economy choked by US blockade - Financial TimesVenezuelan currency plunges as economy choked by US blockade  Financial Times

Venezuela Updates: U.S. Forces Seize Two Tankers; Rubio Lays Out Plan for American Control - The New York TimesVenezuela Updates: U.S. Forces Seize Two Tankers; Rubio Lays Out Plan for American Control  The New York Times

Trump pitches execs on a Venezuela oil plan that experts say won’t work - MS NOWTrump pitches execs on a Venezuela oil plan that experts say won’t work  MS NOW

What resources does Venezuela have — apart from the world’s most oil? - Al JazeeraWhat resources does Venezuela have — apart from the world’s most oil?  Al Jazeera

Exxon CEO calls Venezuela ‘uninvestable’ without ‘significant changes’ - The Washington PostExxon CEO calls Venezuela ‘uninvestable’ without ‘significant changes’  The Washington Post

Trump meets with oil executives to discuss future of industry in Venezuela - NBC NewsTrump meets with oil executives to discuss future of industry in Venezuela  NBC News

Trump cancels second wave of attacks on Venezuela after cooperation - ReutersTrump cancels second wave of attacks on Venezuela after cooperation  Reuters

Who's in charge of Venezuela and what happens next? - BBCWho's in charge of Venezuela and what happens next?  BBC

Venezuela's interim leader sacks man in charge of Maduro's guard - BBCVenezuela's interim leader sacks man in charge of Maduro's guard  BBC

‘Front of the pack’: how Chevron’s boss bet big on Trump and Venezuela - Financial Times‘Front of the pack’: how Chevron’s boss bet big on Trump and Venezuela  Financial Times

Venezuela’s oil, not alleged drug trafficking, caught Trump’s eye - Al JazeeraVenezuela’s oil, not alleged drug trafficking, caught Trump’s eye  Al Jazeera

Venezuela swears in interim leader after Maduro appears in court - BBCVenezuela swears in interim leader after Maduro appears in court  BBC

Venezuela’s Oil Industry: A Timeline of Key Events - The New York TimesVenezuela’s Oil Industry: A Timeline of Key Events  The New York Times

Trump’s intervention in Venezuela: the 3 warnings for the world - The ConversationTrump’s intervention in Venezuela: the 3 warnings for the world  The Conversation

Trump announces $100B oil investment plan for Venezuela following Maduro's capture - Fox BusinessTrump announces $100B oil investment plan for Venezuela following Maduro's capture  Fox Business

Wary of Investing in Venezuela, Big Oil Heads to the White House - The New York TimesWary of Investing in Venezuela, Big Oil Heads to the White House  The New York Times

Which countries could be in Trump's sights next? - BBCWhich countries could be in Trump's sights next?  BBC

Trump says Venezuela to hand over up to 50 million barrels of oil to US - Al JazeeraTrump says Venezuela to hand over up to 50 million barrels of oil to US  Al Jazeera

US action in Venezuela not legal, senior Labour MP says - BBCUS action in Venezuela not legal, senior Labour MP says  BBC

Trump warns new Venezuelan leader as Maduro set to appear in court - BBCTrump warns new Venezuelan leader as Maduro set to appear in court  BBC

What Is El Helicoide, the Infamous Torture Prison in Venezuela? - The New York TimesWhat Is El Helicoide, the Infamous Torture Prison in Venezuela?  The New York Times

US says it wants to control Venezuelan oil indefinitely. Can it? - Al JazeeraUS says it wants to control Venezuelan oil indefinitely. Can it?  Al Jazeera

US oil groups warn they will need guarantees to invest in Venezuela - Financial TimesUS oil groups warn they will need guarantees to invest in Venezuela  Financial Times

Venezuela begins releasing opposition figures - dw.comVenezuela begins releasing opposition figures  dw.com

Venezuela's most prominent prisoners linked to opposition movement - ReutersVenezuela's most prominent prisoners linked to opposition movement  Reuters