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.
Poland’s largest company, Orlen SA, is convinced that previous employees at the firm’s Swiss trading unit cost the business ...
Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S.
MIAMI (AP) — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S.
Esteruelas noted that since PDVSA took control of 32 oil fields elsewhere in Venezuela last year, production has declined by as much as 70,000 barrels a day. "It could be similar in the Orinoco or ...
US officials met secretly this week with members of Venezuelan President Nicolás Maduro’s administration to keep him engaged in negotiations over democratic reforms as a deadline nears to ...
If the suspension is lifted, Venezuela could lose a total of $2 billion in oil revenues by the end of 2024, according to Luis Barcenas, the head of Caracas-based economic firm Ecoanalitica. From ...
Although Petro is close to Maduro, with whom he has already met personally in Venezuela six times since taking office in August 2022, relations between the two countries became strained earlier ...
Venezuela’s President Nicolas Maduro (C ... playing multiple roles for ruler Nicolas Maduro that went from oil czar and liaison to Middle East extremists to faction chieftain in the regime ...
If the suspension is lifted, Venezuela could lose a total of $2 billion in oil revenues by the end of 2024, according to Luis Barcenas, the head of Caracas-based economic firm Ecoanalitica.
El Aissami was once a close associate of the country’s president, Nicolás Maduro, and served as vice-president as well as minister of industry before becoming oil minister. Former finance minister ...
It lifted sanctions imposed in 2019 by then-President Donald Trump that restricted the import of oil from Venezuela's state-owned oil company, Petroleos de Venezuela. It came in exchange for ...