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

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

First Direct US-Venezuela Flight In Years Arrives In Caracas - NDTVFirst Direct US-Venezuela Flight In Years Arrives In Caracas  NDTV

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

BP and Venezuela Sign Pact to Explore for Offshore Gas - BloombergBP and Venezuela Sign Pact to Explore for Offshore Gas  Bloomberg

Venezuela’s Rodriguez says monthly minimum income will rise to $240 By Reuters - Investing.comVenezuela’s Rodriguez says monthly minimum income will rise to $240 By Reuters  Investing.com

First Direct US-Venezuela Commercial Flight in Seven Years Lands in Caracas - Daily PioneerFirst Direct US-Venezuela Commercial Flight in Seven Years Lands in Caracas  Daily Pioneer

US and Venezuela resume direct flights after seven years as relations improve - FirstpostUS and Venezuela resume direct flights after seven years as relations improve  Firstpost

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

White House official to visit Venezuela to meet energy, mining executives By Reuters - Investing.comWhite House official to visit Venezuela to meet energy, mining executives By Reuters  Investing.com

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

‘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

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

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

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

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

Venezuela and Colombia: Immigration Options for Global Employers Renewing Business Activity in the Region (Video Chat) - The Employer ReportVenezuela and Colombia: Immigration Options for Global Employers Renewing Business Activity in the Region (Video Chat)  The Employer Report

‘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

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

Dozens of women continue to protest the ongoing struggle for civil liberties in Venezuela - ap.orgDozens of women continue to protest the ongoing struggle for civil liberties in Venezuela  ap.org

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

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

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

White House official to visit Venezuela to meet energy, mining executives - ReutersWhite House official to visit Venezuela to meet energy, mining executives  Reuters

Venezuela's oil exports to India increased to some 374,000 bpd -shipping data - marketscreener.comVenezuela's oil exports to India increased to some 374,000 bpd -shipping data  marketscreener.com

Venezuela's oil exports jump to 1.23 million bpd with more sales to US, India - marketscreener.comVenezuela's oil exports jump to 1.23 million bpd with more sales to US, India  marketscreener.com

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

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

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

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

Venezuela - HackadayVenezuela  Hackaday

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

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

Democratic elections in Venezuela won’t happen overnight – here’s the groundwork that’s needed first - Chatham HouseDemocratic elections in Venezuela won’t happen overnight – here’s the groundwork that’s needed first  Chatham House

Regular passenger flights between US and Venezuela restart this week - Flightradar24Regular passenger flights between US and Venezuela restart this week  Flightradar24

Venezuela's oil exports jump to highest since 2018, with more sales to US, India - marketscreener.comVenezuela's oil exports jump to highest since 2018, with more sales to US, India  marketscreener.com

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

Trump says Cuba is “next.” What does that mean? - vox.comTrump says Cuba is “next.” What does that mean?  vox.com

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

Red Capital Bets on Venezuela Upstream Renewal with Latest Strategic Energy Shift - African Energy ChamberRed Capital Bets on Venezuela Upstream Renewal with Latest Strategic Energy Shift  African Energy Chamber

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

For The First Time In Seven Years, a Commercial US Flight Has Departed for Venezuela - Airport Industry-NewsFor The First Time In Seven Years, a Commercial US Flight Has Departed for Venezuela  Airport Industry-News

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

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

Venezuela Signs Agreements With Transnational Oil Corporations to Reactivate Energy Sector - Orinoco TribuneVenezuela Signs Agreements With Transnational Oil Corporations to Reactivate Energy Sector  Orinoco Tribune

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

CNN boards historic flight from US to Venezuela - CNNCNN boards historic flight from US to Venezuela  CNN

Global conflict, Venezuela oil boost Valero’s bottom line in the first quarter - San Antonio Express-NewsGlobal conflict, Venezuela oil boost Valero’s bottom line in the first quarter  San Antonio Express-News

Direct US–Venezuela Flights Have Resumed After a Seven–Year Suspension - La Voce di New YorkDirect US–Venezuela Flights Have Resumed After a Seven–Year Suspension  La Voce di New York

US-Venezuela oil talks may boost supply, pressure crude prices - Crypto BriefingUS-Venezuela oil talks may boost supply, pressure crude prices  Crypto Briefing

Tourism Cooperation Between Vietnam and Venezuela is Set for Strategic Growth Plans to Revolutionize Travel and Cultural Exchange - Travel And Tour WorldTourism Cooperation Between Vietnam and Venezuela is Set for Strategic Growth Plans to Revolutionize Travel and Cultural Exchange  Travel And Tour World

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 opens arms to world with Miami-Caracas flight - France 24Venezuela opens arms to world with Miami-Caracas flight  France 24

First direct US commercial flight lands in Venezuela from Miami - USA TodayFirst direct US commercial flight lands in Venezuela from Miami  USA Today

Venezuela's oil exports rose to 1.23 million bpd in April - shipping data - marketscreener.comVenezuela's oil exports rose to 1.23 million bpd in April - shipping data  marketscreener.com

U.S. passenger flights resume to Venezuela after seven-year suspension - AnewZU.S. passenger flights resume to Venezuela after seven-year suspension  AnewZ

Venezuela Raises Minimum Wage to $240 Amid Rising Social Unrest - BloombergVenezuela Raises Minimum Wage to $240 Amid Rising Social Unrest  Bloomberg

Venezuela’s oil exports hit 7-year high on US, India demand - InvezzVenezuela’s oil exports hit 7-year high on US, India demand  Invezz

American Airlines unveils centennial livery as it resumes Venezuela flights - Air Data NewsAmerican Airlines unveils centennial livery as it resumes Venezuela flights  Air Data News

Vietnam, Venezuela step up tourism cooperation, broaden cultural links - Báo VietNamNetVietnam, Venezuela step up tourism cooperation, broaden cultural links  Báo VietNamNet

Venezuela oil exports hit seven-year high - Breakingthenews.netVenezuela oil exports hit seven-year high  Breakingthenews.net

US resumes commercial passenger air service to Venezuela after 7 years - KSL NewsUS resumes commercial passenger air service to Venezuela after 7 years  KSL News

First direct flight from the US in seven years lands in Venezuela - Euronews.comFirst direct flight from the US in seven years lands in Venezuela  Euronews.com

Venezuela signs oil, gas deals with US companies - CNAVenezuela signs oil, gas deals with US companies  CNA

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

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

US passenger flights to Venezuela resume after seven-year suspension - AeroTimeUS passenger flights to Venezuela resume after seven-year suspension  AeroTime

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

Venezuela's oil exports to US increased to some 445,000 bpd -shipping data - marketscreener.comVenezuela's oil exports to US increased to some 445,000 bpd -shipping data  marketscreener.com

MercadoLibre CEO flags loan-book sales, plays down Venezuela expansion - ReutersMercadoLibre CEO flags loan-book sales, plays down Venezuela expansion  Reuters

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

Beyond Maduro: Building a Sustainable Democratic Transition in Venezuela - Freedom HouseBeyond Maduro: Building a Sustainable Democratic Transition in Venezuela  Freedom House

Australia remain unbeaten as Besgrove sets record; Venezuela, New Zealand also win - World Baseball Softball Confederation (WBSC)Australia remain unbeaten as Besgrove sets record; Venezuela, New Zealand also win  World Baseball Softball Confederation (WBSC)

Venezuela boosts income to $240 a month amid soaring inflation - Miami HeraldVenezuela boosts income to $240 a month amid soaring inflation  Miami Herald

Venezuela leader hikes minimum wage package by 26% - Gulf NewsVenezuela leader hikes minimum wage package by 26%  Gulf News

U.S. and Venezuela Reconnect with American Airlines Leading the Way: 2026 Flight Resumption Brings Hope, But Legal Barriers Remain: You Need To Know - Travel And Tour WorldU.S. and Venezuela Reconnect with American Airlines Leading the Way: 2026 Flight Resumption Brings Hope, But Legal Barriers Remain: You Need To Know  Travel And Tour World

US soldier pleads not guilty to using classified intel on Venezuela to win bet - Jurist.orgUS soldier pleads not guilty to using classified intel on Venezuela to win bet  Jurist.org

OPINION: Defining Trump’s foreign policy in Venezuela and Iran - Dayton Daily NewsOPINION: Defining Trump’s foreign policy in Venezuela and Iran  Dayton Daily News

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

UNDP Forecasts Strong Economic Recovery for Venezuela: Oil Revenues Set to Surge by 50% with Projected 7% Growth - elciudadano.comUNDP Forecasts Strong Economic Recovery for Venezuela: Oil Revenues Set to Surge by 50% with Projected 7% Growth  elciudadano.com

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

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

Venezuela Signs Energy Deal with U.S. Firm - VOI.idVenezuela Signs Energy Deal with U.S. Firm  VOI.id

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

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

First commercial flight between US, Venezuela in 7 years departs from Miami - The HillFirst commercial flight between US, Venezuela in 7 years departs from Miami  The Hill

Chevron doubling local oil processing output with crude oil from Venezuela - WXXV News 25Chevron doubling local oil processing output with crude oil from Venezuela  WXXV News 25

'A new historic chapter': First direct US-Venezuela flight in seven years touches down - SBS Australia'A new historic chapter': First direct US-Venezuela flight in seven years touches down  SBS Australia

1st direct U.S.-Venezuela commercial flight in 7 years lands in Caracas - TelegraphHerald.com1st direct U.S.-Venezuela commercial flight in 7 years lands in Caracas  TelegraphHerald.com

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

Venezuela’s interim president paints Trump as defender of “peace” after Washington shooting - World Socialist Web SiteVenezuela’s interim president paints Trump as defender of “peace” after Washington shooting  World Socialist Web Site

U.S. Department of Transportation backs resumption of U.S.-Venezuela commercial flights - Traders UnionU.S. Department of Transportation backs resumption of U.S.-Venezuela commercial flights  Traders Union

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

Americans Pay More for Slower Internet Than Venezuela? James Altucher Says One Company Is About to Blow the Whole Model Apart - The Manila TimesAmericans Pay More for Slower Internet Than Venezuela? James Altucher Says One Company Is About to Blow the Whole Model Apart  The Manila Times

These oil giants had written off Venezuela. Now they are taking a second look. - MSNThese oil giants had written off Venezuela. Now they are taking a second look.  MSN

Venezuela's interim president, Delcy Rodríguez, announces pay raise - Anadolu AjansiVenezuela's interim president, Delcy Rodríguez, announces pay raise  Anadolu Ajansi

First direct flight to Venezuela in 7 years leaves Miami - WBFFFirst direct flight to Venezuela in 7 years leaves Miami  WBFF

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