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

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 ...

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 ...

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’s flagship oil blend, Merey, maintained a stable price of US $59.58 per barrel during this period. While Venezuela managed to boost its exports, the country’s oil sector continues to ...

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 ...

Running through the middle of Guyana, Venezuela ... [+] claims the waterway should be their border. Guyana’s oil boom already has a nemesis: Venezuela claims two-thirds of its landmass ...

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 ...