Crude oil exports from Venezuela have all but dried up as ... PDVSA is said to have tightened the prepayment rules for its crude oil after the review of contracts began earlier this year.

Venezuela’s state-owned oil firm PDVSA ... PDVSA is said to have tightened the prepayment rules for its oil after a review of contracts, demanding now cargoes be paid in cash or in goods and ...

The former general counsel for Venezuela’s state-owned oil company pleaded guilty in Miami federal court on money laundering charges Wednesday in connection to a conspiracy to siphon hundreds of milli ...

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 ...

HOUSTON, March 21 (Reuters) - Venezuela's state-run oil company PDVSA has accumulated $21.2 billion in accounts receivable, according to documents viewed by Reuters, after turning to dozens of ...

A former general counsel of Venezuela’s state-owned oil company has pleaded guilty to a money-laundering scheme stretching from his homeland to South Florida to Europe that enabled him to pocket $11.5 ...

Prosecutor Tarek William Saab said the alleged scheme involved selling Venezuelan oil through the country’s cryptocurrency oversight agency in parallel to the state-run Petróleos de Venezuela SA.

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 ...

CARACAS, Venezuela (AP) — The man responsible for running Venezuela's oil industry — the one that ... a Washington-based think tank. “Rule of law is not being advanced here," Berg added.