News

About a half dozen foreign partners of Venezuela's state-owned oil company PDVSA are awaiting authorizations from the U.S.
Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...
In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly approved a new license allowing oil ...
This development could constitute a departure from the pressure strategy that the US has maintained this year against ...
The Trump administration is reportedly considering granting limited authorizations to a handful of oil companies operating in Venezuela, with Chevron first in line ...
By Marianna Parraga and Nivedita Bhattacharjee (Reuters) - U.S. producer ConocoPhillips (COP.N) and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies ...
Venezuela's crude exports fell 6 percent in May to 1.168 million bpd following U.S. ConocoPhillips' (COP.N) legal actions to seize PDVSA's assets in four Caribbean islands, according to Reuters data.
Neither PDVSA nor Venezuela’s oil or information ministries or chief prosecutor’s office responded to requests for comment. President Nicolas Maduro has called U.S. sanctions illegal and ...
Venezuela's state-owned oil company Petroleos de Venezuela [PDVSA.UL] has proposed a sweeping industry restructuring to boost the role of private companies, according to a document seen by Reuters ...
Venezuela's state-run oil company Petroleos de Venezuela [PDVSA.UL] has cut crude production at several locations and its main crude blending plant has been operating intermittently this month due ...
HOUSTON (Reuters) -Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources ...
PDVSA's payroll has more than doubled to 115,000 employees since Chávez took office in 1999, and debt has risen 10-fold since 2006 to $34 billion.