Venezuela's oil minister Tareck El Aissami resigned on Monday after prosecutors opened a corruption investigation into officials at the state oil company PDVSA.
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 ...
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, home to the world’s largest oil reserves, is a case study in the perils of becoming a petrostate. Since it was discovered in the country in the 1920s, oil has taken Venezuela on an ...
The company, which began shipping Venezuelan crude abroad in January, supplies it to refiners in the U.S. Venezuela’s heavy crude oil is prized by Gulf Coast refiners, who, until recently ...
The availability of cheap Russian oil has been an additional hurdle for PDVSA, with China, the main destination for Venezuelan crude, reducing its imports in recent months. Venezuela has been forced ...
(Bloomberg) -- Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount of oil that can be ... After Top Shareholder Rules Out Raising Stake Ryan ...
Venezuela has awarded a stake in a key oil joint venture to a little-known firm called GazMin International Group almost six months after seizing it from Russian executives, according to people ...
Oil spills have become more frequent and severe, a federal agency said. Oil spills along the Keystone pipeline that runs from Canada to Texas have become more frequent and severe, prompting ...
BP and Royal Dutch Shell have both tumbled by 20%. Oil exploration companies suffered a devastating rout. UK oil company stocks sunk sharply in early trading. Tullow Oil fell 57% to 11.57 - its ...
The 2023 World Baseball Classic has entered the single-elimination phase and Team USA will take on Venezuela in the quarterfinals Saturday. The winner advances to face Cuba in the semifinals ...
State oil company PDVSA reported a nearly identical 704,000 bpd figure, down from 732,000 bpd the prior month. Venezuela's oil industry has been hampered by mismanagement, a brain drain and ...
