Venezuela

sanctions

Washington Exempted Venezuelan Earthquake Relief From the Account Its Other Licences Must Pay Into. It Also Warned Against Relabelling Payments as Relief.

OFAC issued Venezuela-related General Licence 60A on 16 October 2026, authorising transactions for earthquake relief. Payments under it, including taxes and fees to the Government of Venezuela, need not go into the Foreign Government Deposit Funds Account. Seven other licences keep that requirement.

Oct 16, 2026 Theon Alleyne

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Wire

The Man Whose Money Moved Through Antigua Is Now in a Miami Court. The Bank Still Has No Name.

Alvaro Pulido Vargas appeared in the Southern District of Florida on 13 October 2026, two days after the Justice Department announced his arrest. The 2021 indictment against him charges four money laundering counts, and two of the charged transfers left accounts in Antigua and Barbuda.

Oct 14, 2026 Theon Alleyne

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Compliance

A US Indictment Traces US$33.75 Million of Venezuelan State Money Through Antigua. It Never Names the Bank.

Alvaro Pulido Vargas is due in a Miami federal court on 13 October. The 2021 indictment charges four wire transfers, and two of the four left accounts in Antigua and Barbuda. About US$33,750,295 reached the Antiguan account from a Venezuelan state fund. The bank is never named.

Oct 13, 2026 Theon Alleyne

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Aviation

Caribbean Airlines Is Opening Three International Connections in Fifteen Weeks. Its Accounts Are Six Years Behind.

Caribbean Airlines will fly Tobago to Toronto weekly from 25 October 2026, resume Trinidad to Caracas on 31 October 2026 and run Trinidad to Panama charters from 1 December 2026 to 9 February 2027. The release names no executive. Six audited years remain outstanding.

Oct 06, 2026 Theon Alleyne

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Business

Venezuela's Food Basket Rose 12.5 Per Cent in August. Georgetown's Food Prices Fell 0.5 Per Cent.

A Venezuelan family of five needed US$755.36 to eat in August, up 12.5 per cent in bolívares and 3.8 per cent in dollars. Georgetown food prices fell 0.5 per cent and were 4.4 per cent higher than a year earlier.

Sep 22, 2026 Theon Alleyne

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Opinion

Support on Essequibo Is the Floor. The Relationship With the Region Still Has to Be Built.

CARICOM backed Guyana's sovereignty twice this year while Barbados, Grenada and Suriname deepened ties with Caracas. The author's view is that the region's support on Essequibo is a floor, and the partnership above it has to be earned.

Sep 13, 2026 Theon Alleyne

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Guyana

Venezuela Has Taken Its Energy Talks to Three CARICOM Capitals Since April. Guyana Sold None of Them Crude Last Year.

Venezuela's Interim President Delcy Rodríguez signed ten documents with Suriname on 11 September after visiting Grenada and Barbados. Guyana's 2025 customs data show no crude exported to any CARICOM member, and its energy talks with Trinidad and Suriname have produced nothing signed.

Sep 13, 2026 Theon Alleyne

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Compliance

In Six Weeks, One US Office Froze a Tourism Ministry, Blocked a Fishing Fleet and Opened an Oil Sector.

The Office of Foreign Assets Control designated Cuba tourism ministry on 13 July 2026, blocked ten Ecuadorian fishing vessels on 20 August, and authorised six oil companies to work in Venezuela on 27 August. Three countries, three executive orders, one office.

Aug 30, 2026 Theon Alleyne

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Energy

In 2024 This Oil Deal Would Have Needed Venezuela's National Assembly. In 2026 It Needed a Decree and a Licence.

Venezuela confirmed an oil accord with the United States on 28 August 2026 covering 17 fields and 65 billion barrels. Article 150 of its Constitution requires National Assembly approval for public interest contracts with companies not domiciled in Venezuela. No such approval is on the public re

Aug 30, 2026 Theon Alleyne

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Wire

Venezuela Oil Deal: 65 Billion Barrels Pledged to US, Caracas Says

Venezuela confirmed a US oil deal covering 65 billion barrels across 17 fields, with $100 billion in investment and over $209 billion in state revenue expected.

Aug 30, 2026 Theon Alleyne

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Energy

Trinidad Shares a Gas Field With Venezuela. In August, Caracas Licensed Its Half to Abu Dhabi and Doha.

Venezuela awarded Loran Phase 2 to a BP-led group on 13 August 2026, with ADNOC's XRG and Qatar-linked UCC holding two thirds of the equity. Loran and Trinidad's Manatee are one reservoir, and the agreement tying them together was terminated in 2019.

Aug 29, 2026 Theon Alleyne

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Energy

Washington Licensed Six Companies to Work Venezuela's Oil. Not One Is From the Americas South of the Rio Grande.

Washington replaced General Licence 50B with 50C on 27 August 2026, the day before President Trump announced a Venezuela oil deal in a social media post. The licence names six companies cleared to operate there, none from the Americas south of the United States.

Aug 29, 2026 Theon Alleyne

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