Venezuela's Oil Minister and President of the Venezuelan state oil company PDVSA Pedro Tellechea attends a news conference at ...
Trinidad and Tobago is requesting the U.S. government amend the terms of a license issued in January authorizing the joint ...
and will not contribute to the state-run oil company’s profits. Venezuela’s oil industry has been hit hard by corruption, mismanagement, and U.S. sanctions. Venezuela relies heavily on crude ...
Venezuela has the largest oil and gas reserves in the world, but produces hardly any of it. The decision to do so is up to the government. If it does nothing, Venezuela's oil might stay in the ...
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 state oil company PDVSA has got new management that plans to boost production of crude to 1.17 million barrels daily by the end of the year, Reuters has reported, citing an internal ...
HOUSTON/CARACAS (Reuters) - Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 ...
PUNTO FIJO (Reuters) - More than half of the 22 oil tankers in Venezuela's fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from ...
HOUSTON/CARACAS (Reuters) - Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 ...