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 easing sanctions to allow Chevron and other partners to operate in Venezuela under ...
The Trump administration is reportedly considering granting limited authorizations to a handful of oil companies operating in ...
Oil prices were stable on Friday, as trade talk optimism supported the outlook for both the global economy and oil demand, ...
Oil prices rose on Friday as trade talk optimism supported the outlook for both the global economy and oil demand, ...
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 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 ...
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 ...
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. Oil ...