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Venezuelan Acting President Reviews Progress on U.S. Oil Agreements

24 October 2026 at 03:51
The Acting President noted that the increase in production must be directly reflected in the daily life of Venezuelans. Photo: Venezuelan Presidential Press.

Venezuela’s Acting President, Delcy Rodríguez, inspected progress Friday on a package of 17 oil agreements signed with the United States, as the state of Zulia reported record output of 115,000 barrels per day.


The inspection covered joint projects aimed at extracting crude from national reserves. Eight of the 17 agreements involve the development of so-called green fields, new areas set aside for exploration and exploitation.

“We want to show the country the progress, to make clear that we do not leave things unfinished, that we go further: to action and to production. Once again, Zulia state broke its production record, reaching 115,000 barrels per day today,” Acting President Delcy Rodriguez said.

RELATED: U.S. Removes Venezuela From List of Countries Subject to Investment Restrictions

Rodriguez added that projections call for closing December at 120,000 barrels. The Acting President framed the tour as proof that the partnership has moved beyond paperwork into concrete output.

The cooperation framework was signed in August through North American Blue Energy Partners (NABEP). The 17 strategic agreements target the extraction of 65 million barrels of crude from Venezuela’s reserves.

On maritime infrastructure and logistics, Rodriguez said activity in Zulia will jump from 100 to 900 vessels, an increase of 800% in mobilized capacity. The figure signals a major expansion of port and transport operations tied to the oil sector.

The Acting President also outlined a plan for the progressive creation of jobs driven by industrial activity. Employment will begin in the food sector, continue in ironworks and industrial areas, and later extend to public accounts with the goal of raising working-class incomes.

Rodríguez said the central objective of the alliance is to develop the hydrocarbon industry and consolidate the country’s sovereign position. She stressed that Venezuela seeks to affirm itself as the nation with the largest oil reserves on the planet and to rank among the world’s leading producers and exporters. “We want to show the country the progress of these agreements,” she said.

Benefits For People

Acting President Delcy Rodriguez insisted that rising production must translate directly into the welfare of the population. Following this, she pointed to concrete areas where the gains should appear: “In the daily life of Venezuelan men and women: in pay for workers, in health, public hospitals, schools, food, roads, water and public services. That is where Venezuela’s development goes,” she said.

The comments link oil revenue to social spending at a time when the government has promised greater transparency over hydrocarbon and mining income. The Acting President’s emphasis on hospitals, schools and food echoes longstanding official messaging that resource wealth should fund public services.

The Zulia figures mark a significant benchmark for the country’s oil industry, which has sought to recover output after years of decline. The jump from 100 to 900 vessels suggests broader commercial activity around the crude operations, beyond the wells themselves.

Eight green-field projects form part of the package, indicating that the partnership extends into undeveloped territory rather than relying solely on existing infrastructure. Rodríguez described the agreements as a path toward consolidating Venezuela’s position in global energy markets.

The inspection tour took place as the government pushes to showcase tangible results from the August accords. The Acting President’s visit to the field operations was intended to demonstrate that the agreements are generating activity on the ground, not only on paper.

The production target of 120,000 barrels by December would extend the record reported Friday. If achieved, it would reinforce the government’s narrative of recovery built around the US partnership and the state of Zulia’s role as the engine of national output.

Rodríguez closed her remarks by linking the oil gains to broader national development, arguing that the industry’s expansion must reach Venezuelans through wages and public services rather than remaining confined to export statistics.

Venezuela Opens Process to Choose New Supreme Court Judges

23 October 2026 at 22:42
The chairman of the Committee, Giuseppe Alessandrello, announced the early elaboration of a work schedule under the Supreme Court Law to ensure institutional stability and peace. Photo: EFE.

Venezuela’s National Assembly installed a Judicial Nominations Committee on Friday to evaluate and select new Supreme Court justices, a step lawmakers described as central to consolidating institutional stability.


The committee was formally established on October 23, at the Federal Legislative Palace in Caracas, one day after being sworn in during a legislative session.

Giuseppe Alessandrello, who presides over the body, announced that its immediate task is to draw up a work schedule under the Law of the Supreme Court of Justice.

RELATED: Venezuela’s Acting Pres. Delcy Rodríguez Meets 2015 Assembly Delegations

Alessandrello said the law opened the selection process to ordinary citizens. Writing on social media, he stated that the legislation brought people into the work of “evaluating and selecting the leadership, in this case of the Supreme Court of Justice, to seek plurality.”

#23Oct || Desde el Palacio Federal Legislativo se realiza la Instalación del Comité de Postulaciones Judiciales. pic.twitter.com/MczZA2GxJ7

— Asamblea Nacional 🇻🇪 (@Asamblea_Ven) October 23, 2026

Text reads: “From the Federal Legislative Palace is carried out the installation of the Judicial Applications Committee.”

The committee operates within a broader national dialogue that authorities describe as “building a new Venezuela.” Officials have repeatedly framed the judiciary as the institution responsible for guaranteeing what they call true and just peace among citizens. “The judicial branch is the institution that will guarantee peace among us,” Alessandrello said.

The work schedule will set specific periods for the call for nominations, the evaluation of candidates, and the handling of challenges and responses.

The final goal is to present a definitive list of eligible candidates to the National Assembly.

Alessandrello stressed the weight of the assigned tasks, linking them directly to institutional stability. The committee’s operational work and the eventual delivery of the list will follow the terms and periods established by current law.

The process is governed by the Organic Law of the Supreme Court of Justice and the Constitution of the Bolivarian Republic of Venezuela. It covers the selection of both principal and alternate justices of the Supreme Court of Justice.

Subrayó el rol clave de la ciudadanía:

"La ley incorporó a los ciudadanos y ciudadanas de la sociedad en este trabajo de evaluar y seleccionar a las directivas, en este caso del Tribunal Supremo de Justicia, para buscar la pluralidad". pic.twitter.com/LhNVkaK6ov

— Asamblea Nacional 🇻🇪 (@Asamblea_Ven) October 23, 2026

Text reads: “The President of the committee, Giuseppe Alessandrello, highlighted the group’s harmony: “Everything we produce is decided unanimously and the auspices with the work of the committee are positive.” He also emphasized the importance of plurality in this process. He stressed the key role of citizenship: “The law incorporated citizens of society in this work of evaluating and selecting directives, in this case from the Supreme Court of Justice, to seek plurality.”

Selecting Court Leadership

The mandate extends beyond the high court itself. It also includes related judicial positions, among them the directorship of the National School of Magistrates.

The committee emerged from a process announced earlier this month. The National Assembly opened the nomination period between October 2 and October 9, allowing interested citizens and institutions to take part in the selection of the court’s leadership.

Once the schedule is finalized, the committee will move through successive phases, receiving nominations, reviewing candidates, and addressing any challenges filed against applicants. Each challenge will carry its own opportunity for a formal response before the list reaches the legislature.

The final list of selected candidates will be delivered to the National Assembly for consideration. The body’s work therefore functions as a preliminary filter within a process whose ultimate decisions rest with the legislature.

Venezuela Reaffirms Sovereign Control of Oil Revenue as Deals Advance

22 October 2026 at 20:52
The president of the Venezuelan National Assembly has ratified that the country autonomously manages the resources captured through energy exports. Photo: EFE.

Venezuela’s National Assembly President reaffirmed sovereign control over the country’s oil revenues and reported 71 active energy agreements alongside 44 contracts under negotiation, framing the figures as evidence of a sector revival after years of financial restrictions.


The statements came amid what officials called a strategic reconfiguration of the Venezuelan hydrocarbon industry. After years of intense global financial restrictions, the gradual operational reactivation of agreements between state-owned oil company Petroleos de Venezuela (PDVSA) and international firms aims to restore a steady flow of foreign currency into the national treasury.

“No foreign agency or international financial entity administers or safeguards the public funds that enter the country from hydrocarbon sales,” National Assembly President Jorge Rodriguez said.

RELATED: Venezuela’s Acting President Reviews Wage Consensus With Business, Unions

Rodríguez detailed that the money enters the public treasury under the supervision of authorized national banks, and he ruled out any external trust or any management of accounts by third parties outside the country’s institutions. In this sense, he called autonomy over foreign currency “a non-negotiable principle” for the country’s macroeconomic stability.

71 agreements are currently in force, while another 44 contracts are being negotiated. For the government, that volume confirms an operational momentum geared toward diversifying investment across the country’s main extraction fields.

The National Assembly President presented this dynamism as the result of a deliberate push to reopen the sector to international capital without surrendering control. Over the past several years, sweeping financial measures limited Venezuela’s ability to sell crude, collect payments and maintain production infrastructure. The current wave of deals represents a step-by-step return to commercial activity.

#EnVideo📹 | Coordinador del diálogo por el Gobierno Nacional, Jorge Rodríguez, aseveró que Venezuela mantiene el control sobre los recursos financieros obtenidos a través de la comercialización de petróleo hacia distintos países del mundo. pic.twitter.com/MUoEuwKXQI

— Ministerio de Comunicación e Información (@mippci_ven) October 22, 2026

Text reads: “Coordinator of the dialogue by the National Government, Jorge Rodríguez, asserted that Venezuela retains control over financial resources obtained through the marketing of oil to different countries in the world.”

Each reactivated agreement carries a single objective, officials indicated, the capture of hard currency for the public coffers. That revenue is meant to fund the productive apparatus and national infrastructure rather than remain subject to outside oversight.

By spreading investment across the country’s principal extraction zones, the government seeks to reduce dependence on any single field or partner.

Sovereign Control Defended

Reaffirming sovereign control over monetary flows stands as a central pillar of the government’s message. The leadership projected institutional stability at a moment when Washington continues to review and adjust the licenses it grants for oil operations.

Rodríguez also denounced continuous pressure and unilateral coercive measures against the country’s financial system by foreign powers. He said that, despite what he described as an economic siege, the government has consolidated alternative mechanisms to receive payments directly for oil-product exports.

Against that backdrop, the government is working to shield energy agreements legally, dismiss any suggestion of foreign tutelage and guarantee direct financing for public budgets.

Official strategy insists that autonomous management of oil income is an indispensable guarantee for preserving fiscal balance, defending the national currency and sustaining social development programs.

For the Bolivarian government, legal protection of the energy agreements goes hand in hand with financing priorities. The revenue is meant to flow directly toward the productive apparatus and public infrastructure, a framework that Rodriguez described as essential to institutional stability.

Venezuela Sets Youth Popular Consultation for February 2027

22 October 2026 at 01:21
The Venezuelan Acting President urged young people to prepare actively for this new democratic appointment that will mark the course of next year. Photo: Venezuelan Presidential Press.

Acting President Delcy Rodríguez announced Wednesday that Venezuela will hold its Youth Popular Consultation in February 2027, a vote she framed as a platform for young people to convert their talent, creativity and ingenuity into a driving force for national development.


Venezuelan Acting President Delcy Rodríguez delivered the announcement during a visit to the Nueve Raíces de Simón communal circuit, where she urged the country’s youth to prepare actively for what she described as a democratic appointment that will mark the direction of the coming year.

Rodríguez said the process aims to vindicate the talent, creativity and ingenuity of the new generations and to propel Venezuela toward fresh development opportunities. The call places younger Venezuelans at the center of a participatory model that has gathered strength since 2024.

RELATED: Venezuela to Begin Funding Projects Selected in Popular Consultation Next Week

The announcement lands days after the Second National Popular Consultation of 2026, held on October 18. It was the eighth nationwide vote of its kind since 2024, and officials described the turnout as massive and successful. That result has now been translated into a fresh appeal aimed specifically at young people, signaling the government’s intention to widen the base of participants in community decision-making.

🗳️🔥 ¡LA JUVENTUD SE PREPARA: NUEVA CONSULTA EN FEBRERO 2027!🇻🇪✨

Tras una participación histórica en la pasada Consulta Nacional Popular, la ruta continúa: ¡Jóvenes de toda Venezuela a prepararse desde ya! 💪🌱

El compromiso no se detiene: es momento de seguir adelante,… pic.twitter.com/YyOteBQqLT

— Ministerio del Poder Popular para la Juventud (@Minjuventud__ve) October 21, 2026

Text reads: “Youth is preparing: new consultation in February 2027! After a historic participation in the last National Popular Consultation, the route continues: Young people from all over Venezuela to prepare now! The commitment does not stop: it’s time to move forward, organize and execute projects that will transform our territories.”

A Record October Turnout

Millions of residents from communities across the country turned out on October 18, prompting the National Electoral Council (CNE) to extend voting by one hour.

The scale of the exercise was measured in large numbers. More than 5,418 communes and communal circuits coordinated the work of over 48,000 communal councils, and voters selected among 37,205 priority community projects eligible for public financing.

Rodríguez has championed the consultation model as a vehicle for what officials call popular power. In separate remarks, she described participation in the October exercise as extraordinary, linking the strong turnout to a broader effort to place public decision-making directly in the hands of organized communities rather than distant institutions.

A Broader Community Voice

One of the most notable features of the October consultation was the first-time inclusion of condominium boards, which put forward 428 projects. Acting President Rodríguez celebrated that milestone on social media, underscoring the importance of keeping decisions about everyday matters firmly in the hands of communities themselves.

The proposals reflected local priorities. Acting President Rodríguez had previously detailed that 14% of the projects corresponded to the water sector, followed by initiatives in road infrastructure, lighting, electricity, public services and productive activities, showing residents directing public resources toward their most pressing daily needs.

With the youth consultation now scheduled for February 2027, the Acting President called young Venezuelans to assume what she called absolute protagonism in the process. Organizers expect the new consultation to build on the machinery tested in October and to channel the energy of younger generations into decisions that will shape the country’s near-term path.

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