While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

The downsides of energy independence.

Venezuelan opposition leader María Corina Machado, currenty in hiding in her country, is touting a major economic reform plan ...

Denying authorization to American oil companies in Venezuela will only create a vacuum filled by countries hostile to the ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

A burst of gunfire shattered the stillness along the Cuyuní River when soldiers from the Guyana Defense Force came under ...

Venezuela’s oil exports remained relatively steady in May, asincreased shipments to China offset falling deliveries to ...

Venezuela's government is increasing taxes and public service fees on the private sector to alleviate some of the fiscal ...

Washington in February canceled key licenses for a handful of partners and customers of state oil company PDVSA, including Chevron, that had allowed them to export Venezuelan oil under U.S. sanction ...

Despite the U.S. Department of the Treasury’s decision on May 27 to cancel licenses for transnational oil firms active in Venezuela, the nation’s oil fields continue to produce according to ...

This flexibility will allow the group to continue to support oil market stability. The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating ...

One of the new points—about which no further details are expected, at least through official channels—was the creation of a mechanism with Venezuela to send more oil to the island ... In a “normal” ...