News

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...
In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly approved a new license allowing oil ...
The Trump administration is considering granting new authorizations to key partners of Venezuela's PDVSA, including Chevron, ...
Venezuela produced 1.01 million barrels per day (bpd) of crude from January through November 2019, according to data reported to OPEC. Industry sources estimated it was at least 20% less.
Venezuela has some of the world's largest reserves of oil, but its crude output remains at a fraction of what it was a decade ago after a lack of investment, mismanagement at PDVSA and U.S ...
Venezuela's crude exports fell 6 percent in May to 1.168 million bpd following U.S. ConocoPhillips' (COP.N) legal actions to seize PDVSA's assets in four Caribbean islands, according to Reuters ...
Venezuela's state-run oil company Petroleos de Venezuela [PDVSA.UL] has cut crude production at several locations and its main crude blending plant has been operating intermittently this month ...
Venezuela was Chevron’s third-largest provider of crude oil in 2018, following domestic sources and Mexico. Venezuela accounted for the largest share of Chevron’s expansion in shipments, at ...
An alleged crackdown on graft in Venezuela, ... has sown panic across the country's energy industry and all but paralyzed state-run Petroleos de Venezuela SA, or PDVSA, ...
The U.S. government is evaluating the possibility of authorizing Chevron and potentially other European partners of PDVSA to operate in Venezuela, marking a potential policy shift. This comes as the U ...