Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...
Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create ...
By 2024, the country’s oil production had even topped its 2019 levels. The return of large tanker ships to Venezuela’s coast to pick up oil meant that the country’s oil exports were once ...
Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...
(Reuters) - 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 Corp from its joint ventures with state firm PDVSA ...
Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...
Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for lack of fairness. Things seemed to be looking up for Venezuela in 2022.