Much of its reserves are located in the Orinoco Belt and consist of heavy crude. Unlike the lighter crude found in many ...

The policy shift aims to address the collapse of a grid that has been battered by blackouts and problems over the past two ...

Half a century ago, Venezuela was one of the world's richest nations. Today, decades of economic collapse have driven nearly a quarter of its population to flee the country. On January 3, the US ...

The rapid collapse and poor maintenance of Venezuela's oil industry, aggravated by U.S. sanctions, have caused a massive and widespread environmental catastrophe with immense volumes of petroleum ...

Sen. Ted Cruz, R-Texas, said in an interview late Wednesday that the collapse of the governments in Iran, Venezuela, and Cuba within the next six months is "entirely possible," arguing the United ...

Venezuela transitioned from a close U.S. ally after the 1958 dictatorship collapse and through the anti-Communist Betancourt presidency, becoming a key source of oil and a counterweight to Cuba during ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. The middle-of-the-night kidnapping of Venezuelan President Nicolás Maduro shocked the ...