Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major ...

Venezuela had ramped up its claims to a huge, sparsely populated area west of the Essequibo River, covering almost half of the former British colony territory. But massive oil deposits have been ...

Venezuela has the largest oil and gas reserves in the world, but produces hardly any of it. The decision to do so is up to the government. If it does nothing, Venezuela's oil might stay in the ...

In 2017, the Venezuela’s state-run oil firm PDVSA bought 180,250 barrels per day of crude and refined products and reshipped a portion of it to regional allies. Venezuela's imports Oil as a ...

Venezuela has the world's largest oil reserves ... Argentina's Vaca Muerta (Dead Cow) shale oil deposit is the fourth-largest in the world. The U.S. Energy Information Administration expects ...

Venezuela's parliament has approved a law ... but started taking active steps to retrieve the land after massive offshore oil deposits were discovered there in 2015. Lawmakers unanimously approved ...

Robert Rapier is a chemical engineer covering the energy sector. The Wall Street Journal reported this week that Venezuela's oil output in December fell by 11%, to 1.62 million barrels per day (BPD).

Venezuela’s oil exports managed a notable 10.5% climb in 2024, hitting their highest levels since 2019. State oil company PDVSA and its joint venture partners have deftly maneuvered through ...

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 ...

Dozens of business figures and politicians have been arrested so far this year in a £17bn corruption scandal that has rocked Venezuela and its state-run oil company. Venezuela's Nicolas Maduro ...

which is controlled by Guyana but claimed by Venezuela as part of its legitimate territory. The dispute dates back to the 19 th century, and now involves abundant oil deposits in the Stabroek ...