Crude oil exports from Venezuela have all but dried up as ... PDVSA is said to have tightened the prepayment rules for its crude oil after the review of contracts began earlier this year.

Venezuela’s state-owned oil firm PDVSA ... PDVSA is said to have tightened the prepayment rules for its oil after a review of contracts, demanding now cargoes be paid in cash or in goods and ...

As part of his plea agreement, Alvaro Ledo Nass acknowledged taking $11.5 million in bribes while serving in several senior roles at Petroleos de Venezuela SA, or PDVSA, until 2015. “I knew what I did ...

The current general manager of US Chevron in Venezuela joined Petropiar on Dec. 8. It would be the first time that a Venezuelan official is not in charge of the management of an oil company as a ...

HOUSTON, March 21 (Reuters) - Venezuela's state-run oil company PDVSA has accumulated $21.2 billion in accounts receivable, according to documents viewed by Reuters, after turning to dozens of ...

Prosecutor Tarek William Saab said the alleged scheme involved selling Venezuelan oil through the country’s cryptocurrency oversight agency in parallel to the state-run Petróleos de Venezuela SA.

Venezuela had ramped up its claims to a huge, sparsely populated area west of the Essequibo River, covering almost half of the former British colony territory. But massive oil deposits have been ...

The alleged scheme, according to Venezuelan Attorney General Tarek William Saab, involved selling the country's oil using Venezuela's crypto oversight agency in connection with Petróleos de ...

CARACAS, Venezuela (AP) — The man responsible for running Venezuela's oil industry — the one that ... a Washington-based think tank. “Rule of law is not being advanced here," Berg added.