Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

About half a dozen international oil companies are waiting on U.S. government authorization to resume operations in Venezuela ...

By Elias Ferrer in Caracas On July 24, the Trump administration quietly granted a new sanctions waiver allowing US energy ...

Chevron has received a restricted U.S. license allowing operations in Venezuela, with conditions preventing oil proceeds from ...

Late payments have led tanker operators to halt around 18 vessels needed to carry oil and refined products, two sources said. PDVSA’s crown jewel, Texas-based Citgo, has not been spared.

PDVSA is also at the heart of Venezuela’s geopolitical alliances: 36 percent of its production is used to repay loans to China and Russia, as well as sending crude oil to Cuba and the Caribbean ...

Neither PDVSA nor Venezuela’s oil or information ministries or chief prosecutor’s office responded to requests for comment. President Nicolas Maduro has called U.S. sanctions illegal and ...

PDVSA's payroll has more than doubled to 115,000 employees since Chávez took office in 1999, and debt has risen 10-fold since 2006 to $34 billion.

CARACAS—State energy giant Petróleos de Venezuela, or PdVSA, will raise $5 billion through a private sale of 10-year bonds to the South American country's public banking sector, the company ...

Late payments have led tanker operators to halt around 18 vessels needed to carry oil and refined products, two sources said. PDVSA's crown jewel, Texas-based Citgo, has not been spared.

Venezuela's Oil Ministry and PDVSA [PDVSA.UL] did not respond to a request for comment. "WITCH HUNT" Oil accounts for over 90 percent of Venezuela's export revenue and provides the hard currency ...