The move signals Venezuela’s willingness to open its monopoly on fuels given its state oil company, Petróleos de Venezuela S.A., has faced a decade-long struggle over the supply of diesel due ...
The Biden administration now has little choice but to follow through on its threats to reimpose the sanctions on Venezuela’s oil and gas industry, even though they have become deeply unpopular ...
(Ariana Cubillos/AP) The Biden administration will reimpose oil and gas sanctions on Venezuela after President Nicolás Maduro failed to comply with a U.S.-backed agreement to allow opposition ...
Poland’s largest company, Orlen SA, is convinced that previous employees at the firm’s Swiss trading unit cost the business ...
Venezuela is allowing a small startup to import ... reimposition of US sanctions presses on its industry. The country’s oil minister granted Eway, founded in 2022 to cater to the private ...
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say. Long the country's only notable export ...
CARACAS: Oil production in Venezuela, the country with the world’s largest reserves of crude, has fallen to a 75-year low with US sanctions continuing to cripple the country’s exports.
Venezuela’s government and opposition have agreed on a political roadmap to elections, but the path there remains fraught ...
The Biden administration is reimposing oil sanctions on Venezuela, following President Nicolas Maduro's broken post-election promises for democratic reform. The administration will give companies ...
Oil is Venezuela’s main source of export income, and the sanctions have dealt a devastating economic blow that has contributed to a mass exodus of Venezuelans. The sanctions relief allowed ...
Venezuela’s government arrested two high-level energy officials on Sunday following the detention of a former oil minister amid an investigation into billions of lost Petroleos de Venezuela SA ...
Long the country's only notable export and foreign currency earner, oil became a doorway to political and economic power. Since 1976, when Venezuela nationalized the commodity -- then very ...