Venezuela’s state-owned oil company is owed $21.2 billion from its oil sales, a revelation that came out during the current ...

HOUSTON, Jan 30 (Reuters) - Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in ...

HOUSTON/MARACAY, Venezuela, March 3 (Reuters) - Venezuela's oil exports slipped 8% last month amid contract reviews by the new chief of state-run oil firm PDVSA that have led to loading delays and ...

Across Venezuela’s once-thriving oil industry, environmentalists say rusty pipelines and storage tanks routinely leak contaminants into the ground. Frequent spills stain the mangroves of ...

The diplomatic quarrel over the 160,000-square-kilometer territory had been mostly uneventful for several decades but it awakened in 2015 following the discovery of massive oil ... the rule of ...

According to the 2022 BP Statistical Review of World Energy, Venezuela has more proved oil reserves than any other country in the world. Venezuela’s 304 billion barrels of proved reserves just ...

Venezuela, home to the world’s largest oil reserves, is a case study in the ... an independent civil service and private sector, and rule of law,” says Terry Lynn Karl, a professor of ...

Still struggling to increase both its oil production and international oil sales amidst the pressures of what remains a punishing regime of United States sanctions, Venezuela’s oil and gas ...

Once one of the most prosperous countries in Latin America, Venezuela plunged into a crisis last decade as a result of mismanagement by its socialist-led government and a decline in oil prices. Today, ...

President Biden is showing "outright hostility" to the U.S. oil industry by turning to foreign countries — including adversaries — to supply America's energy needs rather than domestic ...

Sechin traveled to Venezuela the following day to participate in the commemoration of the 10th anniversary of former leader Hugo Chávez’s death. He also met on Monday with Venezuelan Oil ...