As the energy world adjusts to the idea – theoretically, at least – of becoming less oil dependent, one of many unknown pieces is how it will impact an oil-rich country like Venezuela.

The government already siphoned a substantial amount of money from the oil industry to pay for social programs, but it wasn’t enough. Venezuela demanded changes to the agreements made by the ...

At a U.N. climate change summit last year, Mr. Maduro did not address the environmental damage resulting from his country’s hobbled oil industry. Instead, he claimed that Venezuela was ...

In addition to the global climate change impact of the 6.7 billion ... And counterintuitively, even though Venezuela’s oil industry is in decline as I mentioned in the intro, its flaring has ...

The country’s oil industry has been hit hard by a series ... the government of Nicolás Maduro and forcing political change in Venezuela. With U.S. policies aimed at weakening Venezuela ...

BOGOTÁ, Colombia — Under former President Donald Trump, the United States pushed hard for regime change in Venezuela ... relief would help Venezuela rebuild its oil industry and allow its ...

Following tighter US sanctions and a significant drop in oil revenue, Venezuela’s government is increasing taxes and public service fees on the private sector ... this policy change will make ...

Venezuela's loss of a key U.S. license that allowed it to freely export and increase investment in its oil sector will hit the ... Donald Trump and could change depending on progress towards ...

Though Washington eased some sanctions on Venezuela’s oil and gas sector in 2023 ... to make specific commitments to mitigate climate change. Economic diversification will be an especially ...

The Biden administration has reimposed sanctions on Venezuela's vital oil industry just six months ... way of U.S. policy seems to induce behavior change either way, neither maximum pressure ...

The Biden administration will reimpose broad sanctions on Venezuela’s oil industry after the country ... though unlikely, Maduro changes course. “The Barbados agreements still represent ...

WASHINGTON, Oct 18 (Reuters) - The Biden administration on Wednesday broadly eased sanctions on Venezuela's oil sector in response ... to its chosen markets. The changes announced on Wednesday ...