The man responsible for running Venezuela's oil industry — the one that pays for virtually everything in the troubled country ...
Former minister Tareck El Aissami resigned on Monday after the arrest of several government officials and judges in ...
The current general manager of US Chevron in Venezuela joined Petropiar on Dec. 8. It would be the first time that a Venezuelan official is not in charge of the management of an oil company as a ...
Venezuela, home to the world’s largest oil reserves, is a case study in the perils of becoming a petrostate. Since it was discovered in the country in the 1920s, oil has taken Venezuela on an ...
Once one of the most prosperous countries in Latin America, Venezuela plunged into a crisis last decade as a result of mismanagement by its socialist-led government and a decline in oil prices.
The company, which began shipping Venezuelan crude abroad in January, supplies it to refiners in the U.S. Venezuela’s heavy crude oil is prized by Gulf Coast refiners, who, until recently ...
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 ...
The availability of cheap Russian oil has been an additional hurdle for PDVSA, with China, the main destination for Venezuelan crude, reducing its imports in recent months. Venezuela has been forced ...
Oil spills have become more frequent and severe, a federal agency said. Oil spills along the Keystone pipeline that runs from Canada to Texas have become more frequent and severe, prompting ...
Venezuela has awarded a stake in a key oil joint venture to a little-known firm called GazMin International Group almost six months after seizing it from Russian executives, according to people ...
(Bloomberg) -- Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount of oil that can be ... After Top Shareholder Rules Out Raising Stake Ryan ...
State oil company PDVSA reported a nearly identical 704,000 bpd figure, down from 732,000 bpd the prior month. Venezuela's oil industry has been hampered by mismanagement, a brain drain and ...