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 ...

Venezuela’s attorney general said Saturday that 21 people, including senior officials in the government of President Nicolás Maduro and business leaders, have been arrested in connection with a ...

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 ...

CARACAS, Venezuela — The man responsible for running Venezuela‘s oil industry - the one that pays for virtually everything in the troubled country, from subsidized food to ridiculously cheap ...

Venezuela's oil output production fell 5% from May of 2022 to the previous month, according to the latest Organization of the Petroleum Exporting Countries (OPEC) released Tuesday. The document ...

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 ...

Venezuela’s oil czar has announced his resignation as officials investigate alleged corruption among public officials CARACAS, Venezuela -- Venezuela’s oil czar announced his resignation ...

“But selective prosecution is used for purging political rivals.” Venezuela boasts the world’s largest proven oil reserves and pumped more than 3mn barrels a day in its heyday ...