Venezuela tightens oil prepayment rules, article with gallery January 30, 2023 Businesscategory Trinidad offers to pay for Venezuelan gas with humanitarian supplies, article with image January 25 ...

No official statement has been made by PDVSA or the Venezuelan oil ministry regarding the halted exports or the prepayment conditions. The imposition of US sanctions against Venezuela has created ...

Venezuela, home to the world’s largest oil reserves, is a case study in the ... an independent civil service and private sector, and rule of law,” says Terry Lynn Karl, a professor of ...

According to the 2022 BP Statistical Review of World Energy, Venezuela has more proved oil reserves than any other country in the world. Venezuela’s 304 billion barrels of proved reserves just ...

Across Venezuela’s once-thriving oil industry, environmentalists say rusty pipelines and storage tanks routinely leak contaminants into the ground. Frequent spills stain the mangroves of ...

In addition to being the source of Venezuela’s oil economy, the Orinoco Belt causes a number of environmental and human rights challenges. This episode of “The Sweaty Penguin” examines the ...

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 ...

HOUSTON/MARACAY, Venezuela, March 3 (Reuters) - Venezuela's oil exports slipped 8% last month amid contract reviews by the new chief of state-run oil firm PDVSA that have led to loading delays and ...

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 ...

Venezuela's economy will take the largest hit, and is now forecast to contract by 7% in 2015. Indeed, each $10 decline in oil prices worsens Venezuela's trade balance by 3.5% of GDP, a bigger ...

President Biden is showing "outright hostility" to the U.S. oil industry by turning to foreign countries — including adversaries — to supply America's energy needs rather than domestic ...