Crude oil exports from Venezuela have all but dried up as the government ... PDVSA is said to have tightened the prepayment rules for its crude oil after the review of contracts began earlier this ...

The amount of the accounts receivable also includes an outstanding balance due to Venezuela by Iran under an oil swap deal, according to Reuters. PDVSA is said to have tightened the prepayment rules ...

Prosecutor Tarek William Saab said the alleged scheme involved selling Venezuelan oil through the country’s cryptocurrency oversight agency in parallel to the state-run Petróleos de Venezuela SA.

HOUSTON, March 21 (Reuters) - Venezuela's state-run oil company PDVSA has accumulated $21.2 billion in accounts receivable, according to documents viewed by Reuters, after turning to dozens of ...

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 ...

A former general counsel of Venezuela’s state-owned oil company has pleaded guilty to a money-laundering scheme stretching from his homeland to South Florida to Europe that enabled him to pocket $11.5 ...

The Junin 1 oil field is forecasted to have a production of 200.000 bpd China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the ...

Today, Venezuela lives its own night of the long knives. Nicolas Maduro has begun a so-called internal “anti-corruption” purge in which the oil czar has fallen. According to opposition leader ...

The alleged scheme, according to Venezuelan Attorney General Tarek William Saab, involved selling the country's oil using Venezuela's crypto oversight agency in connection with Petróleos de ...