News

Venezuela oil company PDVSA readies return to work under previous US terms
Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...
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Chevron cleared to pump oil in Venezuela under new U.S. license. Critics say Maduro regime benefits
The Trump administration has granted Chevron a six-month license to restart oil production and exports in Venezuela, ...
Sanctions, currency collapse fan fear of hyperinflation surge in Venezuela
Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...
US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses
U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of ...
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U.S. Considers Easing Sanctions on Venezuelan Oil: A Potential Shift in Policy
The Trump administration is considering granting new authorizations to key partners of Venezuela's PDVSA, including Chevron, ...
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Venezuela: Oil Industry Navigates Sanctions, Places 90 Percent of Exports to China
Venezuela has reacted to the departure of Western corporations by redirecting oil exports to customers in China.
US mulls limited authorizations for oil firms in Venezuela, sources say
By Marianna Parraga, Matt Spetalnick and Timothy Gardner HOUSTON/WASHINGTON (Reuters) -U.S. President Donald Trump's ...
Venezuela’s Authoritarian Government Has a New Target: Economists
As inflation surges under President Trump’s renewed sanctions, Venezuelan authorities are trying to keep a lid on the country ...