Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Critics of the Biden administration’s decision to allow Chevron to return to its jointly operated oil fields in Venezuela say ...

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 ...

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

Venezuela's oil exports increased by 15% in January, reaching approximately 867,000 barrels per day. This surge was primarily ...

The Junin 1 oil field is forecasted to have a production of 200.000 bpd China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the ...

VEPICA provides services to oil operations in Venezuela and internationally ... Instead, they are mostly focused on offshore gas fields like Cardon and Dragon. Francisco Gea, executive managing ...

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 ...

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 ...

An international arbitration court upheld an award that ordered Venezuela to pay ~$8.5B to ConocoPhillips (NYSE:COP) over the expropriation of its crude oil assets in 2007, Argus reported Thursday.