For more than a century, oil has played a central role in global power struggles, the Venezuelan engineer pointed out. On Wednesday, on the sidelines of the 9th International Seminar of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Venezuelan engineer David Paravisini spoke to teleSUR, offering a historical and geopolitical perspective on […]

She placed the outlook for the global oil industry within the context of the energy transition and the U.S. geopolitical agenda. On Wednesday, Venezuelan Vice President Delcy Rodriguez gave an exclusive interview to teleSUR from Vienna, where the Organization of the Petroleum Exporting Countries (OPEC) is holding its 9th international seminar under the theme “Towards […]

The Venezuelan Vice President emphasizes the importance of ensuring access to energy in the Global South. On Wednesday, Venezuelan Vice President Delcy Rodriguez participated in the Ninth International Seminar of the Organization of the Petroleum Exporting Countries (OPEC), held in Vienna. RELATED: OPEC Holds Landmark Energy Seminar in Vienna The opening ceremony was led by […]

Under the theme “Charting Pathways Together: The Future of Global Energy”, the event will feature high-level roundtables. From July 9 to 10, the Organization of the Petroleum Exporting Countries (OPEC) holds its 9th OPEC International Seminar, bringing global energy leaders to Vienna to discuss key industry issues and build up cooperation. RELATED: Venezuelan VP Rodriguez […]

She will emphasize the need to maintain cohesion among OPEC members in order to confront the sector’s major challenges. On Tuesday, Venezuelan Vice President and Oil Minister Delcy Rodriguez arrived in Vienna to take part in the ninth International Seminar of the Organization of the Petroleum Exporting Countries (OPEC). RELATED: Delcy Rodríguez Reaffirms Venezuelan Sovereignty: […]

Geopolitical Context On Thursday, June 19, 2025, Venezuela was appointed as the new president of the Ministerial Council of the OPEC Fund for International Development (OFID) for the 2025-2026 period, marking a milestone in its participation within this multilateral organization. The announcement was made during the 46th Ministerial Council Meeting in Vienna, attended by Venezuela’s […]

Vice President of Venezuela, Delcy Rodríguez, warned at the International Economic Forum in Saint Petersburg about the threat that the conflict between Iran and Israel poses to global energy supply stability. RELATED: Venezuela and Russia Deepen Strategic Partnership: Economic and Tourism Cooperation Highlighted at St. Petersburg Forum During the Energy Panel, Rodriguez denounced that Iran, […]

Venezuela, home of one world’s largest oil reserves, has long been a key player in the global energy market. However, years of U.S. led economic sanctions have severely impacted its oil sector, restricting production, exports, and foreign investment. Despite these challenges, the Venezuelan government has maintained a steadfast commitment to revitalizing its oil industry while […]

For over seven decades, Iran and Venezuela have cultivated a partnership rooted in anti-imperialism, energy sovereignty, and multipolar diplomacy. What began as formal diplomatic ties in 1947 has evolved into a robust alliance, particularly under the leadership of Venezuela’s Bolivarian Revolution and Iran’s Islamic Republic. Today, their relationship stands as a model of South-South cooperation, challenging Western hegemony while […]

This South American country has been promoting innovations to increase its independence in oil extraction. In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) acknowledged that Venezuela has increased its crude oil production. Between March and April, Venezuelan oil output rose from 1.048 million to 1.051 million barrels per day (bpd). RELATED: […]