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US Issues License For Oil Companies To Operate In Venezuela
The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.
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Venezuela Hopes Boost Oil Production By 18% In 2026: State-owned Body
Venezuela wants to boost its oil production by 18 percent this year through planned reforms that will fully open the sector to private investors, the head of the state oil giant PDVSA said.
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Venezuela Says Oil Supply Negotiations With US Progressing
Venezuela's state-run oil company PDVSA said on Wednesday it is progressing in negotiations with the United States for oil sales, as a board member for the company told Reuters the US will need to buy cargoes at international prices.
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Even With Billions In US Investments, Why Venezuela Crude Will Only Drip
Venezuela nationalised the industry in the 1970s, and in the 2000s ordered a forced migration to joint ventures controlled by its state oil company, PDVSA .
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Venezuela Turns To India For Major Oil Exports As US Sanctions Bite
Venezuela's oil exports have tapered off and shifted toward India since new US sanctions began on January 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions.
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Venezuela To Freeze Self-Declared President's Accounts As Sanctions Bite
Venezuela's government moved against self-proclaimed interim president Juan Guaido on Tuesday, seeking a travel ban and a freeze on his bank accounts, while state-run oil company PDVSA sought to sidestep U.S. sanctions.
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Venezuela Proposes New Oil Contract Terms To Sidestep US Sanctions
Venezuela's state-run oil company PDVSA is seeking to sidestep Trump administration sanctions restricting payments for its oil by asking major buyers, including U.S. refiners, to renegotiate contracts, four sources involved in the talks said.
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US Sanctions Venezuelan State Oil Firm, Nicolas Maduro Under Pressure
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, the toughest U.S. financial challenge yet to the country's embattled socialist president, Nicolas Maduro.
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Selling Uniforms For Food, Venezuela Oil Workers Feel The Pinch
For decades, jobs at Venezuela's state-run oil giant PDVSA were coveted for above average salaries, generous benefits and cheap credit that brought home ownership and vacationing abroad within reach for many workers.
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Meeting of OPEC, Non-OPEC States Set for October 21: Venezuela
Venezuela -- which has been trying hard to persuade oil producers to cut output in order to boost prices -- announced Thursday that a technical meeting of OPEC and other crude-producing countries would take place on October 21.
-
US Issues License For Oil Companies To Operate In Venezuela
The Trump administration issued a general licence expanding the ability of oil companies to operate in Venezuela, marking a significant step to ease sanctions under the new US-backed leadership in Caracas.
-
Venezuela Hopes Boost Oil Production By 18% In 2026: State-owned Body
Venezuela wants to boost its oil production by 18 percent this year through planned reforms that will fully open the sector to private investors, the head of the state oil giant PDVSA said.
-
Venezuela Says Oil Supply Negotiations With US Progressing
Venezuela's state-run oil company PDVSA said on Wednesday it is progressing in negotiations with the United States for oil sales, as a board member for the company told Reuters the US will need to buy cargoes at international prices.
-
Even With Billions In US Investments, Why Venezuela Crude Will Only Drip
Venezuela nationalised the industry in the 1970s, and in the 2000s ordered a forced migration to joint ventures controlled by its state oil company, PDVSA .
-
Venezuela Turns To India For Major Oil Exports As US Sanctions Bite
Venezuela's oil exports have tapered off and shifted toward India since new US sanctions began on January 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions.
-
Venezuela To Freeze Self-Declared President's Accounts As Sanctions Bite
Venezuela's government moved against self-proclaimed interim president Juan Guaido on Tuesday, seeking a travel ban and a freeze on his bank accounts, while state-run oil company PDVSA sought to sidestep U.S. sanctions.
-
Venezuela Proposes New Oil Contract Terms To Sidestep US Sanctions
Venezuela's state-run oil company PDVSA is seeking to sidestep Trump administration sanctions restricting payments for its oil by asking major buyers, including U.S. refiners, to renegotiate contracts, four sources involved in the talks said.
-
US Sanctions Venezuelan State Oil Firm, Nicolas Maduro Under Pressure
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, the toughest U.S. financial challenge yet to the country's embattled socialist president, Nicolas Maduro.
-
Selling Uniforms For Food, Venezuela Oil Workers Feel The Pinch
For decades, jobs at Venezuela's state-run oil giant PDVSA were coveted for above average salaries, generous benefits and cheap credit that brought home ownership and vacationing abroad within reach for many workers.
-
Meeting of OPEC, Non-OPEC States Set for October 21: Venezuela
Venezuela -- which has been trying hard to persuade oil producers to cut output in order to boost prices -- announced Thursday that a technical meeting of OPEC and other crude-producing countries would take place on October 21.
