Venezuela’s oil production plunged by another 47,500 barrels per day (bpd) in June, compared to a month earlier. An exodus of workers and field shut downs were reported for the month ...

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

Venezuela produced about 20% of Venezuela’s oil in 2024, close to Maduro’s goal of 1 million barrels per day. Chevron is the only major oil producer with a waiver to operate in Venezuela ...

Venezuela has the largest proven oil reserves on Earth, but its energy prowess is as much about quality as quantity. Refineries on the US Gulf Coast process Venezuelan crude by the hundreds of ...

The sanctions, which have severely limited the Venezuelan oil industry’s access to the U.S. market, were imposed by the Trump administration in 2019. At his meeting with Trump’s envoy ...

Venezuela's oil exports to the U.S. soared 64% to some ... REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

The elections turned out to be “completely fake” while Maduro “leveraged migration against us to get those concessions ... Chevron is the only US oil producer left in Venezuela and ...

US Secretary of State Marco Rubio formally seized a plane belonging to Venezuelan President Nicolas Maduro’s government on ...

Sources familiar with the negotiations told the Miami Herald that Palm Beach County-based businessman Harry Sargeant III, a major GOP donor who has sought to expand his prior oil and asphalt dealings ...

The sanctions, which have severely limited the Venezuelan oil industry’s access to the U.S. market, were imposed by the Trump administration in 2019. At his meeting with Trump’s envoy ...