Offshore consulting for entrepreneurs, investors and related internationals with a boots on the ground approach
Joined July 2009
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🇺🇸🇻🇪🛢️ Exxon shopping list in Venezuela
ExxonMobil already signed an MoU for returning to Venezuela, 7 fields are being evaluated and according to such MoU it will take around a year of due diligence.
The list will include:
📍 Petromonagas (previously Cerro Negro)
✅ División Carabobo, Faja del Orinoco (Sur de Monagas y Anzoátegui)
✅ ~59.000 bpd
✅ 8° – 8,5° API
✅ OOIP18.000 – 20.000 Mb
📍 Petrovictoria (Carabobo 2 Norte y 4 Oeste)
✅ División Carabobo, Faja del Orinoco (Sur de Monagas y Anzoátegui)
✅ ~6.000 bpd
✅ 8° – 9° API
✅ ~33.200 Mb
📍 2 unassigned blocks in Carabobo:
✅ División Carabobo, Faja del Orinoco (Monagas / Anzoátegui)
✅ 0-8.000 bpd
✅ 8° – 9,5° API
✅ OOIP: 15.000 Mb
*Russian state owned oil company Rosneft has a stake in both Petromonagas and Petrovictoria.
Report by Reuters
reuters.com/business/energy/…
🇺🇸🇻🇪🛢️ Oilfields ownership dispute
DP Delta Finance said on Wednesday that a group of oilfields currently operated by California-based Pacific Coast Energy Company in Venezuela remains in dispute and that it plans to defend its rights over them.
Venezuela's government and state-run PDVSA in the third quarter transferred the fields to Pacific Coast following the negotiation of production-sharing agreements.
Pacific Coast announced a $3.5 billion long-term investment to upgrade and develop areas that used to be operated by Delta Finance's affiliate Petrodelta and Venezuelan producer Suelopetrol.
Oil output there is expected to double in six months from 19,300 barrels per day in October, Pacific Coast said.
"Had the rights to the Tia Juana and Cabimas fields been transferred to Pacific Coast Energy Company, this would have taken place without prior notification or compensation, which would constitute an infringement of legitimately acquired rights," Suelopetrol said.
The company plans to take legal action.
reuters.com/legal/litigation…
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🇺🇸🇻🇪🛢️ PDVSA is sending equipment to the US for repairs.
That happens for the first time in 10 years.
Report by Bloomberg
bloomberg.com/news/articles/…
New Venezuela Insider YouTube video:
🇺🇸🇻🇪 Venezuela gets closer to Dollarization
Please like, share and subscribe
youtu.be/AnjU76Nldgc
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AV retweeted
Venezuelan lawmakers approved a bill designed to attract private investment to the nation’s blackout-prone power grid bloomberg.com/news/articles/…
🇻🇪⚡ Electricity bill reform in Venezuela:
Interim authorities congress speaker Jorge Rodríguez (Delcy's brother) confirms that electricity fees will be indexed to the currency with the highest value (de facto dollarized).
The reform will allow private companies to generate, import, and market electricity in Venezuela.
It also includes subsidies for those unable to pay for the service.
The electricity bill has been mostly subsidized, controlled by the public sector and later collapsed during the Chavismo era.
🇺🇸 Maria Elvira wins recount!
Congress representative Maria Elvira Salazar (R-FL) wins recount for the 27th district in order to route Dem candidate Elliott Rodriguez.
Despite surviving close races that went to the wire with razor-thin margins, the 3 "Crazy Cubans" will be part of the new congress.
🇺🇸🇻🇪 Florida's trio on Venezuela won congress reelection
Maria Elvira Salazar, Mario Diaz-Balart and Carlos Giménez won their respective house seat reelection in a tough night for Trump and Republicans.
The trio also known as "The Crazy Cubans" have been very involved regarding the policies towards Venezuela.
Byron Donalds won the governorship and Ashley Moody the vacant Senate seat left by Marco Rubio.
Florida is still a ruby red state in a grim night for the GOP in the rest of the US.
🇺🇸 Hegseth survived Massie
House voted against impeachment for Secretary of War Pete Hegseth:
211 yeas
204 nays (Massie was the only GOP defector)
W for Hegseth and Trump, L for Massie (another one)
However Hegseth is still not out of the woods yet, the new congress kicks in at January 3rd and Dems have overwhelming majorities in both chambers.
🇺🇸🇻🇪 Hegseth praised US military action against Maduro
Secretary of War Pete Hegseth said that ousted Maduro is not a president, he was a fugitive of US justice.
"Indicted and wanted, he thought that he was untouchable, well he was NOT"
"Victory in one night, victory in 48 hours, flawless success"
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🇺🇸🇻🇪📈 A confidential KPMG report reviewed by The NY Times shows $12.26 billion in Venezuelan natural-resource export revenue, mostly oil, was deposited in a U.S.-controlled custody account in the first nine months of 2026.
✅ $11.7 billion was used to support the local currency through foreign-currency auctions at Venezuelan commercial banks.
✅ $130 million went to pay the Venezuela government’s foreign bills, mostly debts to other governments and international organizations.
KPMG describes it as “Venezuela Custody Account,”
✅ KPMG says it assisted the State Department in administering the account, including by tracking transactions and applying financial integrity measures. It does not describe itself as an auditor.
✅ “The U.S. government established custodial control over Venezuelan natural resources revenue deposits”. Each transaction must be approved by a US Treasury official.
Article by NY Times and Clash Report
clashreport.com/world/articl…
🇺🇸🇻🇪 Hegseth praised US military action against Maduro
Secretary of War Pete Hegseth said that ousted Maduro is not a president, he was a fugitive of US justice.
"Indicted and wanted, he thought that he was untouchable, well he was NOT"
"Victory in one night, victory in 48 hours, flawless success"
🇺🇸🇻🇪🛢️ Energy Sec confirms return of Exxon
US Energy Secretary Chris Wright confirmed the return of ExxonMobil to Venezuela, signing an MoU.
Wright added "A country deemed "uninvestable" (by Exxon CEO Darren Woods earlier this year) is attracting significant commitment from one of the largest oil companies in the world"
"Tremendous progress in a short amount of time"
ExxonMobil’s preliminary agreement to return to Venezuela is a testament to President Trump’s leadership.
A country deemed “uninvestable” earlier this year is already attracting significant commitment from one of the world’s largest energy companies.
Tremendous progress in a remarkably short time.
nytimes.com/2026/11/09/busin…
New Venezuela Insider YouTube video:
🇺🇸🇻🇪 US military bases in Venezuela?
Please like, share and subscribe
youtu.be/1OJctxP5n_g
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AV retweeted
Thomas Massie regarding foreign affairs is like Shaq on the free throw line 🤦♂️
Massie: Iran is not Venezuela. The Ayatollah was not a president. He was a religious leader… The United States and Israel turned him into a martyr. And in the process of doing so, we've already expended billions of dollars and… solemnly, six American families must now lay to rest their sons and daughters. And for what? This administration can't even give us a straight answer as to why we launched this preemptive war.
🇺🇸🇻🇪🛢️ Financial Times is confirming the return of ExxonMobil to Venezuela
ft.com/content/cd3b2969-9c58…
