News

President Donald Trump is taking credit for Venezuela’s mounting financial crisis, attributing the Nicolás Maduro regime’s ...
Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...
Chevron Corporation’s CVX operations in Venezuela have hit a major roadblock as state-owned oil firm PDVSA abruptly canceled export authorizations for several of its vessels due to payment uncertainty ...
U.S. sanctions have only entrenched the Maduro regime and opened up Venezuela to Russian and Chinese penetration.
The dynamic pace of early policymaking by the new U.S. administration has continued into the spring of 2025, including in the context of sanctions ...
Economist Pedro Palma said Venezuela's inflation rate could be between 180% and 200%. He warned that people will cut spending ...
A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo ...
Crude oil prices are on track for a weekly gain, driven by new U.S. sanctions on companies trading oil with Iran and a ...
Venezuela is once again facing renewed economic pressure as a new wave of U.S. sanctions and the exit of key oil companies ...
U.S. sanctions had earlier stifled Venezuela ... the U.S. authorities regarding their revocation of oil licenses for operations in Venezuela. Repsol SA explores, develops and produces crude ...
The Venezuelan vice president placed the blame entirely on U.S. sanctions ... s joint ventures in Venezuela produce roughly 25% of the country’s total oil output, which reached an average ...