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

The amount of the accounts receivable also includes an outstanding balance due to Venezuela by Iran under an oil swap deal, according to Reuters. PDVSA is said to have tightened the prepayment rules ...

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 ...

Venezuela’s attorney general said Saturday that 21 people, including senior officials in the government of President Nicolás Maduro and business leaders, have been arrested in connection with a ...

CARACAS, Venezuela (AP) — The man responsible for running Venezuela's oil industry — the one that pays for virtually everything in the troubled country, from subsidized food to ridiculously ...

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’s oil czar has announced his resignation as officials investigate alleged corruption among public officials CARACAS, Venezuela -- Venezuela’s oil czar announced his resignation ...

Venezuela's return to Mercosur, the resumption of flights between Buenos Aires and Caracas, and an invitation to President Nicolás Maduro to attend the CELAC summit in Buenos Aires next month are ...

Oil is Venezuela’s most important industry. A windfall of hundreds of billions in oil dollars thanks to record-high global prices allowed the late President Hugo Chávez to launch numerous ...

CARACAS, Venezuela (AP) — Venezuela’s oil czar announced his resignation Monday as officials investigate alleged corruption among public officials in the state oil industry and other parts of ...