Chief warns country could be vulnerable to Chinese, Russian influence if it is forced to abandon operations there ...

The United States and Venezuela have a fraught recent history marked by broken diplomatic relations, sanctions and ...

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President ...

Overall monthly exports declined to 756,000 bpd in December from a peak of 974,000 bpd in November as one of PDVSA's four crude upgraders had operational problems, the documents showed. Venezuela ...

Venezuela’s broken democracy and economic hardships stand as a masterclass in institutional failure. How can the country move ...

The modest recovery of recent years fails to mask Venezuela’s crisis: a shattered productive structure, poverty levels nearly ...

The Biden administration's shift to a more pragmatic and strategic approach to Venezuela's opposition has allowed for the recognition of opposition leaders and the imposition of sanctions on Maduro's ...

The terms of the license bar Chevron from directly paying taxes or royalties to Venezuela’s government. But the company sends money to the joint ventures, which are majority-owned by PDVSA.

does business in the country through joint ventures with the state-owned company Petroleos de Venezuela S.A., commonly known as PDVSA. The joint ventures produced about 200,000 barrels a day in ...