The Trump administration amended its Venezuela licenses to loosen US-related legal provisions as it seeks to facilitate investment in the country’s oil and other natural resources.
The Trump administration amended its Venezuela licenses to loosen US-related legal provisions as it seeks to facilitate investment in the country’s oil and other natural resources.
A mural depicting an oil pumpjack on a Venezuelan flag in Caracas. Photographer: Pedro Mattey/AFP/Getty Images
In a reversal of fortune, oil companies in Colombia, where outgoing president Gustavo Petro has all but barred exploration for the last four years, are scoping out Venezuela.
In a reversal of fortune, oil companies in Colombia, where outgoing president Gustavo Petro has all but barred exploration for the last four years, are scoping out Venezuela.
A rusted oil pumpjack on the shoreline of Lake Maracaibo in Cabimas, Venezuela.
Colombia’s currency leaped by the most in four years while bonds and stocks surged after right-wing outsider Abelardo de La Espriella unexpectedly won the first-round of voting for the presidency and went into the runoff as clear favorite against leftist Ivan Cepeda.
Colombia’s currency leaped by the most in four years while bonds and stocks surged after right-wing outsider Abelardo de La Espriella unexpectedly won the first-round of voting for the presidency and went into the runoff as clear favorite against leftist Ivan Cepeda.
Abelardo de la Espriella, presidential candidate for the Defenders of the Homeland party, during an election night rally in Barranquilla, Colombia, on Sunday, May 31, 2026. Celebrity lawyer De la Espriella unexpectedly topped the first round of Colombia’s presidential vote, as Latin America heads into another highly polarized election.
Centerview Partners was in negotiations with Venezuela as recently as last month for a contract worth at least $150 million for its work as the sole financial adviser on the country’s debt restructuring, a sum that would far exceed payouts for past sovereign deals, according to a draft of the agreement seen by Bloomberg.
Centerview Partners was in negotiations with Venezuela as recently as last month for a contract worth at least $150 million for its work as the sole financial adviser on the country’s debt restructuring, a sum that would far exceed payouts for past sovereign deals, according to a draft of the agreement seen by Bloomberg.
The Palacio Federal Legislativo in Caracas. Photographer: Jesus Vargas/Getty Images
Login
