As the blackouts are leading to protests and citizens across the country to contend with no electricity for up to 16 hours a day there seems to be little urgency within the legislature to push forward on enabling additional resources from the private sector to help. But there is hope now with Rodriquez October 8 commitment before Fedcamera.

Much of the discussion about rebuilding Venezuela has focused on the visible things: oil wells, power plants, pipelines, ports and factories. But none of that works particularly well without something less visible—the financial system needed to move money into and out of the country.

The premier entrepreneurship and innovation event will return for its sixth edition from October 21 to 23, featuring Sir Richard Branson, founder of Virgin Group, for its grand opening.

During the discussions at the Venezuela International Oil and Gas Summit 2026, held in late September in Caracas, technical conversations naturally took center stage regarding the recovery of Venezuela's hydrocarbons sector. Given the history of the Venezuelan petro-state, it is easy to assume that the country will continue an institutional legacy that relies on these resources as the primary engine for long-term development.

New legal frameworks, sanctions compliance, asset-specific financing, and stronger local banks could reopen a path to funding Venezuelan oil and gas projects, according to industry specialists speaking at VIOGS 2026.

An interview with oil field services entrepreneur Jesse Cole who has returned to Venezuela to rebuild successful oil field services business that Hugo Chavez took from him in 2011.