About a half dozen foreign partners of Venezuela's state-owned oil company PDVSA are awaiting authorizations from the U.S.

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

By Marianna Parraga, Matt Spetalnick and Timothy Gardner HOUSTON/WASHINGTON (Reuters) -The United States is preparing to ...

In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly approved a new license allowing oil ...

This development could constitute a departure from the pressure strategy that the US has maintained this year against ...

Venezuela has some of the world's largest reserves of oil, but its crude output remains at a fraction of what it was a decade ago after a lack of investment, mismanagement at PDVSA and U.S ...

Venezuela produced 1.01 million barrels per day (bpd) of crude from January through November 2019, according to data reported to OPEC. Industry sources estimated it was at least 20% less.

The Trump administration is considering easing sanctions to allow Chevron and other partners to operate in Venezuela under ...

Venezuela's state-run oil company Petroleos de Venezuela [PDVSA.UL] has cut crude production at several locations and its main crude blending plant has been operating intermittently this month due ...

Venezuela's crude exports fell 6 percent in May to 1.168 million bpd following U.S. ConocoPhillips' (COP.N) legal actions to seize PDVSA's assets in four Caribbean islands, according to Reuters data.

Late payments have led tanker operators to halt around 18 vessels needed to carry oil and refined products, two sources said. PDVSA's crown jewel, Texas-based Citgo, has not been spared.

Venezuela was Chevron’s third-largest provider of crude oil in 2018, following domestic sources and Mexico. Venezuela accounted for the largest share of Chevron’s expansion in shipments, at ...