President Nicolás Maduro of Venezuela aimed for a democratic election amid US economic sanctions, offering Chevron a permit ...

Since 2019, Chevron, holding a significant role in Venezuela as the only U.S.-based oil producer, has been trying to align its activities with the U.S. policies, which were imposed to restrict ...

For its part, state oil company PDVSA reported a 998,000 bpd output in December, up from 960,000 bpd the prior month. Venezuela’s crude and byproduct exports receded to 756,000 bpd last month from a ...

Other nations had won bigger cuts in new-oil developments, but Venezuela was the first to tear up a 50-50 deal in an established field. Moreover, said Haight, only a month ago, the government had ...

TotalFinaElf S.A. reported that has started a recuperation project at its Jusepin oil field in eastern Venezuela, the local paper El Universal reported Monday. The project, which involved an ...

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

(Reuters) - The United States issued new Venezuela-related sanctions on Friday, including measures targeting state oil company PDVSA chief Hector Obregon, according to a notice on the Treasury ...

As President-elect Donald Trump prepares for his inauguration, a key question has emerged: what impact will his ...