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venezuela
Environment / 1 hour ago
Venezuela’s oil production shows signs of recovery amid sanctions
Venezuela’s oil industry has begun a cautious recovery after nearly a decade of steep decline, but production levels remain far below their former peak. Venezuela’s oil industry has begun a cautious recovery after nearly a decade of steep decline, but production levels remain far below their former peak. According to data compiled from Kpler, The National News, Investopedia, and CBC, Venezuela’s crude oil production fell from around 2.7 million barrels per day in 2015 to a low of roughly 569,000 barrels per day in 2020.
Business / 1 week ago
Why is the world watching Venezuela's oil reserves?
Venezuela holds around 303 billion barrels of proven crude oil reserves, more than any other nation on Earth and roughly 17 per cent of the global total. Venezuela holds around 303 billion barrels of proven crude oil reserves, more than any other nation on Earth and roughly 17 per cent of the global total. That massive number places it above Saudi Arabia, Iran and Canada, a fact that once made the country one of the most influential players in the global oil market.
Politics / 1 week ago
US military interventions in South America over the years
The United States has long played a controversial role in the politics of South America, from quiet backing of coups in the 20th century to unprecedented military action in 2026. This week’s dramatic events in Caracas have once again highlighted that history. The United States has long played a controversial role in the politics of South America, from quiet backing of coups in the 20th century to unprecedented military action in 2026. This week’s dramatic events in Caracas have once again highlighted that history. On 3 January 2026, U.S. forces launched what the White House dubbed Operation Absolute Resolve, an air and special forces mission in Venezuela that resulted in the capture and removal of President Nicolás Maduro from power.
Culture / 16 weeks ago
New index ranks Colombia, Venezuela, and Uruguay as most similar nations to Brazil
Brazil is often celebrated as a country like no other, as the land of samba, football, lush rainforests, and a unique Portuguese-speaking identity in a Spanish-speaking continent. Yet, new data shows Brazil might not be as culturally isolated as many believe. According to the Country Similarity Index, which evaluates nations across demographics, culture, politics, infrastructure, and geography, several Latin American countries share strikingly similar profiles.
World / 20 weeks ago
Venezuela tops the 2025 oil reserves ranking
Venezuela leads the world in proven oil reserves in 2025 with an astonishing 303 billion barrels, followed closely by Saudi Arabia at 267 billion barrels, with Iran securing third place at 209 billion barrels. A visual breakdown charts the top ten nations: Venezuela, Saudi Arabia, Iran, Canada (163 bn), Iraq (145 bn), UAE (113 bn), Kuwait (102 bn), Russia (80 bn), the United States (74 bn), and Libya (48 bn).
