CARACAS, VENEZUELA (By Energy Analytics Institute and Editores Latin Petroleum, 20.Aug.2026, Words: 125) — The following briefs span company details on the US Treasury, the Cisneros family, and Petrodelta, among others.
LATIN AMERICA AND THE CARIBBEAN
RELATED: EP PETROECUADOR USING ASSOCIATED GAS TO REDUCE DIESEL CONSUMPTION
MEXICO
— Mexico’s secretary of economy Marcelo Ebrard C. meet again this wk w/ Jamieson Greer, head of the USTR, regarding the next round of USMCA talks, as well as the investigations related to Section 301.
VENEZUELA
— The Cisneros family has opened a $2bn dispute / Venezuela over oil assets they claim were confiscated and subsequently transferred to a US co. The heirs of Oswaldo Cisneros are demanding the return of drilling rights in Venezuela’s Orinoco Belt, also known as the Faja. The Venezuelan gov’t revoked these rights after determining the Petrodelta JV failed to meet its investment and production plans. [Bloomberglinea]
ASIA
— China launched the first mining trucks w/ sodium-powered batteries. The vehicles use 676 kWh batteries capable of reaching a full charge in 20-25 minutes and w/ a declared lifespan of over 8,000 cycles. [Mineria y Desarrollo]
NORTH AMERICA
— US gov’t debt has hit $40tn-an alarming milestone for economists who fear the nation’s fiscal policy is spiraling out of control. It comes after the Congressional Budget Office reported earlier this mth that deficits are now so large the US Treasury is paying $3bn/day in interest, totaling $963bn between Oct. 2025 (when the YF:26 begins) and Jul. 2026. [Fortune]
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The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond. Energy Analytics Institute (EAI) has not verified all of these stories and therefore does not vouch for their accuracy.
By freelance editors and writers reporting for EAI from Atlanta, Baton Rouge, Caracas, Houston, Monterrey, Mexico City, and Bogota.
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