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 is an oil-endowed country but has sold its oil, facing various challenges occasioned by international bans and other market factors. As a result, the nation has sought other methods to tap ...

U.S. President Donald Trump said on Monday that his administration would likely stop buying oil from Venezuela and was ...

Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship ...

Caracas: The United States just took the first steps in pulling back on a four-year-old sanction policy that had strangled oil exports out of Venezuela, home to world-class crude reserves.

Caracas, February 12, 2025 (venezuelanalysis.com) – Venezuela’s oil industry saw a slight production decrease following several months of sustained improvement, according to the latest OPEC data. The ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for maneuvering on Venezuela, he is unlikely to cut off imports entirely.

Venezuela exported millions of barrels of its heavy oil to the U.S. until the economic sanctions of 2019. Its purchase resumed two years ago. Experts explain the characteristics of this crude oil ...

The aircraft was purchased in 2017 by the Venezuelan state oil company PDVSA from the US ... Lopez told Rubio that thanks to ...

(Bloomberg) -- Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that trade restrictions will ...

We have plenty of oil for ourselves." Trump's envoy for special missions, Richard Grenell, had earlier said he spoke with multiple officials in Venezuela and would begin meetings early Tuesday ...