The United States has extended a general license through November 15, allowing certain transactions with Venezuelan state oil ...
An April 17, 2024, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) issued General License (“GL”) 44A (“Authorizing the Wind Down of Transactions Related to Oil or Gas ...
A pedestrian walks past a sign of Petroleos de Venezuela, S.A, and an image of Venezuelan independence hero Simon Bolivar, in Caracas, Venezuela, on March 20. (Ariana Cubillos/AP) The Biden ...
Venezuela’s government and opposition have agreed on a political roadmap to elections, but the path there remains fraught ...
Ms. Stockman is a member of the editorial board. President Nicolás Maduro of Venezuela isn’t even pretending to play fair anymore. In October, he promised to take steps toward holding free ...
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 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 ...
More than a year after he resigned from his post as Venezuela's oil minister, Tareck El Aissami has been arrested accused of corruption. Mr El Aissami is accused of stealing from Venezuela's state oil ...
Poland’s largest company, Orlen SA, is convinced that previous employees at the firm’s Swiss trading unit cost the business ...