The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly approved a new license allowing oil ...

The Trump administration is reportedly considering granting limited authorizations to a handful of oil companies operating in Venezuela, with Chevron first in line ...

This development could constitute a departure from the pressure strategy that the US has maintained this year against ...

By Marianna Parraga and Nivedita Bhattacharjee (Reuters) - U.S. producer ConocoPhillips (COP.N) and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies ...

Venezuela's crude exports fell 6 percent in May to 1.168 million bpd following U.S. ConocoPhillips' (COP.N) legal actions to seize PDVSA's assets in four Caribbean islands, according to Reuters data.

Neither PDVSA nor Venezuela’s oil or information ministries or chief prosecutor’s office responded to requests for comment. President Nicolas Maduro has called U.S. sanctions illegal and ...

U.S.-sanctioned Venezuela and Iran had a swap agreement that allowed PDVSA to import crude and condensate between 2021 and 2023 and use them as diluents for its heavy oil.

Venezuela's state-run oil company Petroleos de Venezuela [PDVSA.UL] has cut crude production at several locations and its main crude blending plant has been operating intermittently this month due ...

PDVSA's payroll has more than doubled to 115,000 employees since Chávez took office in 1999, and debt has risen 10-fold since 2006 to $34 billion.

Venezuela's state-owned oil company Petroleos de Venezuela [PDVSA.UL] has proposed a sweeping industry restructuring to boost the role of private companies, according to a document seen by Reuters ...