Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and ...

Venezuela's state-run PDVSA has put together three operational scenarios as part of plan to continue producing and exporting ...

Venezuela's PDVSA has formulated three operational plans to maintain heavy oil production with Chevron following the expiration of the current U.S. license. The national company aims to produce up to ...

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil ...

Venezuela's opposition has drafted a broad proposal for energy sector reform that would allow participation of international ...

The U.S. sanctions on Venezuela, particularly on PDVSA, have been part of a broader strategy to pressure the Venezuelan ...

Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office ...

The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron since 2022 to operate in Venezuela and export its oil, after Washington accused ...

Venezuela's PDVSA announced it was suspending most of its crude oil exports to review the contractual terms. The review aims to make sure there will be no payment defaults, pointing out that the ...

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 ...

Washington amended the license in 2023 to allow payments in hard currency or in kind to Venezuela and its state company PDVSA for gas supplies, and extended the expiration date to October 2025.

Venezuela's crude and fuel exports rose to their highest since November, buoyed by Chevron's shrinking U.S. license. PDVSA's ...