News

Venezuela plans to export a new crude blend, 'Blend 22,' to offset revenue losses from U.S. sanctions. The country aims to ...
HOUSTON (Reuters) -Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer ...
UK broker Braemar is predicting an oversupply of crude tanker tonnage in the Atlantic as Venezuela halts exports to the US.
HOUSTON (Reuters) -Some tankers Chevron had chartered to move crude from Venezuela to the United States this month are now ...
Venezuela will begin exporting a new medium crude blend this month as part of a marketing strategy to avoid a collapse of its ...
This development comes after Washington cancelled key licences last month for several PDVSA partners including Chevron.
This month, the Trump administration revoked a 2023 licence for Shell and NGC to pursue the Dragon field project.
CVX's Venezuelan oil shipments halted by PDVSA amid payment uncertainty due to U.S. sanctions derails its plans to export oil ...
A U.S. federal judge has approved a $3.7 billion bid by Red Tree Investments, an affiliate of Contrarian Funds, as the lead ...
April 11, 2025 Exclusive: Venezuela's PDVSA suspends oil loading authorizations to Chevron, sources say Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S ...
Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...
SHEL plans to complete the survey at Venezuela's Dragon gas field before the U.S. license expires, keeping the hopes high for ...