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Venezuela today

Morning edition · September 5, 2026 · published Sep 25, 9:35 pm ET · Español

Two editions a day, around 7:00 and 17:00 New York time, plus a breaking edition when something big happens. Our coverage starts on July 1, 2026; there is nothing before that date.

Morning

Venezuela gains a new oil partner in the Gilinski Group as María Corina Machado readies her return

25Length of the new Baré block oil contract · PDVSA and the Gilinski Group, through GeoPark, signed the deal on September 4 for that Orinoco Belt block, according to Infobae.
+368%Mentions of 'petróleo / Chevron' on state TV · In the 7 days through September 5, versus its January-July 2026 average.
-66%Mentions of Diosdado Cabello on state TV · In the 7 days through September 5, versus its January-July 2026 average.
Story 1 of 3

Gilinski Group signs 25-year PDVSA contract for the Baré oil block

On September 4, interim president Delcy Rodríguez presided in Miraflores over the signing of a hydrocarbons production-sharing contract between PDVSA and Beta Resources, part of the Gilinski Group, to operate the Baré block in the Orinoco Belt for 25 years, Infobae reported.

Jaime Gilinski, GeoPark's main shareholder, said the alliance reflects confidence in the country's oil future and that they are arriving as partners, not cautious observers. That same day, Rodríguez separately met with oil workers to speak about the effort behind the industry.

«We firmly believe in Venezuela. We believe in the recovery capacity of its oil industry, in the talent of its professionals, and in the historic moment that is now opening for the country.»— Jaime Gilinski, September 4, 2026 · watch
«Venezuela's hydrocarbons industry has been forged through sacrifice.»— Delcy Rodríguez, September 4, 2026 · watch
Story 2 of 3

María Corina Machado readies a third attempt to return to Venezuela, without US guarantees

According to opposition analyst David Placeres, negotiations between Donald Trump's administration and María Corina Machado concluded that the opposition leader will be allowed into Venezuela in the coming days, but without the United States providing security guarantees or a deployment to protect her.

Machado has twice already come close to entering Venezuela, even boarding a plane, and both times Washington asked her not to go through with it because the oil contracts with the US were not yet closed, according to Placeres.

«The decision has already been made… María Corina Machado will be allowed to enter, but without guarantees.»— David Placeres, September 5, 2026 · watch
Story 3 of 3

Congressman Mario Díaz-Balart warns Trump's backing of Delcy Rodríguez is conditional

Florida Republican congressman Mario Díaz-Balart said, in an interview with opposition figure David Placeres, that President Donald Trump backs interim president Delcy Rodríguez only as long as she does what Washington demands of her in Venezuela's transition.

Díaz-Balart recalled that Trump also once said he had very good conversations with Nicolás Maduro before he was detained, and warned Rodríguez should not forget that as she moves ahead with Washington's plan.

«He's happy with Delcy as long as Delcy does what the United States demands of her.»— Mario Díaz-Balart, September 4, 2026 · watch
«President Trump also said he had very good conversations with Maduro… right before he was seized and is now in prison.»— Mario Díaz-Balart, September 4, 2026 · watch
Then and now

Delcy Rodríguez · Delcy Rodríguez's oil-industry message

THEN · July 3, 2026«Right now there's no room for politicking, none. Right now the only space there is, is unity.» watch
NOW · September 4, 2026«Venezuela's hydrocarbons industry has been forged through sacrifice.» watch

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