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.

Nass' crimes predate the latest purge but are nonetheless symptomatic of the same graft that experts say has proliferated through Venezuela's state-run oil industry during more than two decades of ...

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 ...

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.

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 ...

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.

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 ...