According to internal documents seen by Reuters, PDVSA has now set tougher rules for exports ... or the Venezuelan Oil Ministry regarding the halted exports or the prepayment conditions. The ...

Venezuela, home to the world’s largest oil reserves, is a case study in the ... an independent civil service and private sector, and rule of law,” says Terry Lynn Karl, a professor of ...

Venezuela tightens oil prepayment rules, article with gallery January 30, 2023 Businesscategory Trinidad offers to pay for Venezuelan gas with humanitarian supplies, article with image January 25 ...

The current general manager of US Chevron in Venezuela joined Petropiar on Dec. 8. It would be the first time that a Venezuelan official is not in charge of the management of an oil company as a ...

One of the most tragic examples is Venezuela. It used to be the richest nation in Latin ... But those were driven by world oil prices. The overall trend during the Chavez-Maduro years has been ...

The company, which began shipping Venezuelan crude abroad in January, supplies it to refiners in the U.S. Venezuela’s heavy crude oil is prized by Gulf Coast refiners, who, until recently ...

The availability of cheap Russian oil has been an additional hurdle for PDVSA, with China, the main destination for Venezuelan crude, reducing its imports in recent months. Venezuela has been forced ...

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 has awarded a stake in a key oil joint venture to a little-known firm called GazMin International Group almost six months after seizing it from Russian executives, people with direct ...

We want to bridge divides to reach everyone. Already a subscriber? Log in to hide ads. A selection of the most viewed stories this week on the Monitor's website. Every Saturday Hear about special ...

(Bloomberg) -- Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount of oil that can be ... After Top Shareholder Rules Out Raising Stake Ryan ...

State oil company PDVSA reported a nearly identical 704,000 bpd figure, down from 732,000 bpd the prior month. Venezuela's oil industry has been hampered by mismanagement, a brain drain and ...