Energy

Were Half of Venezuela’s Oil Revenues Really Stolen? — Part II


 
Money chase So, if Venezuela claims to be importing from the rest of the world roughly as much as it was exporting during those years, and the rest of the world confirms Venezuela’s story, then where could those additional $11 billion that presumably ended up in the bank accounts of Maduro’s cronies be?

Were Half of Venezuela’s Oil Revenues Really Stolen? — Part I

If you’ve been around Venezuelans for long enough, you know that we tend to speak in superlatives. We have the best baseball players, the most beautiful beaches, the tastiest arepas, and the wickedest dictators. But even being used to the scale of our superlatives didn’t quite prepare me for what I read in the May 5 edition of The New York Times, in a story called “In Venezuela, Trump Vowed to Show Accountability. Oil Deals Linger.” The story tells us that a network of shell companies controlled by Carlos Malpica (who is widely believed to be Maduro’s bagman) embezzled $11 billion of the country’s oil wealth in 2021 and 2022. In the Times’ words: “for every two dollars that Venezuela earned selling oil earlier this decade, one dollar was stolen, internal documents and official statistics show.”

CHINA: ‘My Sister Has Been in a Chinese Prison for Eight Years Because I Exercised My Freedom of Speech’


 
CIVICUS discusses the persecution of Uyghurs and activism in exile with Rushan Abbas, an Uyghur American activist, founder and executive director of Campaign for Uyghurs and chair of the Executive Committee of the World Uyghur Congress.

If the UN COP17 Is Serious About Biodiversity, It Needs to Follow the Money

On Monday, governments from across the world will gather in Armenia for COP17, the UN biodiversity summit, to assess progress on the global agreement to halt and reverse biodiversity loss. For anyone who cares about the livability of our planet for future generations, and the richness of life on earth, the stakes could hardly be higher. Policy makers will debate targets, implementation, and the lack of money to protect nature, in particular the failure of developed countries to fulfil their obligations. But there is a more basic question that should put at the center of those discussions: what happens when the financial system governments are counting on to fund nature protection is also financing its destruction?

Crisis and Opportunity at the UN

At this year’s highest-profile UN event, Donald Trump publicly mused over his ‘big decision’ about whether to ‘annihilate’ Iran. Israeli Prime Minister Benjamin Netanyahu, as dozens of delegates walked out, branded those who condemn genocide in Gaza ‘moral cowards’.

Middle East Escalation Could Leave 11.7 Million More Women and Girls Facing Food Insecurity by End-2026

An additional 11.7 million women and girls could face food insecurity by the end of 2026, as the escalation in the Middle East and disruption to the Strait of Hormuz drive up food prices and strain livelihoods and household resources, according to a new UN Women analysis published today.

Protection That Holds: Keeping Nature Safe From Extraction

When governments gather in Yerevan this month for the 17th UN Convention on Biological Diversity, they will weigh a promise nearly 200 countries adopted six years ago: to effectively conserve at least 30 percent of land, inland waters, and sea by 2030. Achieving the ambitious 30x30 target is essential to sustaining the systems humanity relies on for survival—including crop pollination, purification of water and air, and climate regulation—as well as the biodiversity that underpins food production, fisheries, and tourism.

If We Can Start an Epoch, We Can Start a Farming Revolution

In November 1952, the United States detonated the world's first thermonuclear device at Enewetak Atoll in the Marshall Islands. The test, code-named Ivy Mike, erased the island of Elugelab and scattered a signature of plutonium across the planet that remains in lake beds, ice sheets and ocean sediments today.

“The Price of a Narrow Metric: Why Vulnerability Must Count”

From a distance, an island nation can appear to possess everything: pristine waters, a thriving tourism industry and a strong cultural identity. Its income figures may suggest prosperity.

BRICS: Growing Ambition, Zero Accountability

At the 18th BRICS Summit, held on 12 and 13 September in New Delhi, India’s Prime Minister Narendra Modi brought together presidents Xi Jinping of China, Vladimir Putin of Russia and Masoud Pezeshkian of Iran, along with Abu Dhabi’s Crown Prince, Sheikh Khaled bin Mohamed bin Zayed, representing the United Arab Emirates (UAE). Around the table sat longstanding rivals such as India and China and, in the case of Iran, Saudi Arabia and the UAE, states on opposite sides of an ongoing war. That the summit produced a joint declaration every member could sign was a modest multilateralist success.

Fragmented Policies Hold Back Agroecology Adoption in Africa’s Congo Basin

Agricultural, land, forestry, environmental and trade policies in the Congo Basin remain compartmentalised at country levels, leaving proven agroecological models trapped at pilot stages due to a lack of advisory services, organic inputs, market outlets and sustainable financing.

Overshoot of Paris Agreement and the Looming Super El Niño Drive Urgent Calls for Global Climate Action at UNGA 81

The United Nations 2026 Climate Summit addressed critical strategies to mitigate the compounding impacts of the climate crisis and accelerate progress toward the Sustainable Development Goals (SDGs).

BRAZIL: ‘Resistance Is Intergenerational, and Art Is How Energy Gets Renewed’


 
CIVICUS discusses the role of art in climate and rights struggles in the Brazilian Amazon with Tom Wheeler, executive director and co-founder of Treesistance. Treesistance is a platform operated by the Netherlands-based Sinchi Foundation that partners with Indigenous communities across four Brazilian states on cultural preservation and forest protection.

AI-Driven Climate Change Pushes Frontline Communities Further Into Environmental Degradation and Poverty

On September 21, Frontline Resource Institute (FRI) hosted its Climate Justice Hub at Fordham University at Lincoln Center in New York City under the theme “Building a Stronger Climate Coalition.”

Climate Week NYC Kicks off With World Leaders’ Commitments to Action

The Climate Group’s annual conference in New York City has attracted thousands of attendees this year, among them world leaders, corporate heads, philanthropists, and climate advocates. Those leaders present at the opening ceremony of Climate Week have made clear calls to collectively tackle climate issues.

Renewed Hostilities In Yemen Inflame Displacement and Regional Risks

In recent days, the humanitarian situation in Yemen has deteriorated sharply following a new escalation of hostilities between the Iran-backed Houthi rebels and the Saudi-backed Presidential Leadership Council (PLC). This follows four years of relative stability, marking the most severe resurgence of violence since the collapse of the United Nations (UN)-mediated ceasefire in October 2022.

Remembering Fidel Castro, a Hero of the World’s Oppressed People

The 13th of August marked the 100th birthday of Cuba’s revolutionary leader Fidel Alejandro Castro Ruz - in short Fidel Castro. Amidst an intensified US siege and the threat of invasion, Cubans commemorated their dear leader’s centenary birth anniversary with events that included an International Book Fair, art exhibitions, concerts and gatherings of delegates from left-wing organisations across the continent.

Impending UNIFIL Exit Pushes Lebanon Toward Uncertainty

Since the collapse of the ceasefire between Israel and Lebanon announced in June, the humanitarian situation in Lebanon has deteriorated sharply. Marked by high casualties, immense destruction to civilian infrastructure, and widespread displacement, access to essential services has become increasingly strained as the United Nations Interim Force in Lebanon (UNIFIL) is scheduled to end its operations by the end of the year.

Rising Trade Values Mask the True Cost of Global Supply Chain Disruptions

Global goods trade reached approximately USD 13.7 trillion in the first half of 2026, up 12.5 percent from the same period in 2025, while services grew 10.5 percent, together adding USD 2 trillion to global trade. While these figures point to continued expansion, much of the increase reflects rising prices rather than stronger trade volumes.

Malawi Bets on Battery Storage to Climate-Proof Its Fragile Power Grid

For years, Malawi's electricity supply has been at the mercy of droughts, floods and cyclones that have repeatedly exposed the vulnerability of a power system heavily dependent on hydropower.

Saudi Arabia, Türkiye and Pakistan Forge Mutual Defence Pact, as Iran Pursues New Shipping Framework

In Makkah, the Kingdom of Saudi Arabia, the Republic Türkiye, and the Islamic Republic of Pakistan agreed to the framework for a joint defence agreement where an attack on any of the three states shall be regarded as an attack against them all.

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