Much of Venezuela’s success stems from Washington's leniency under President Biden, who issued individual licenses that ...

In 2017, the Venezuela’s state-run oil firm PDVSA bought 180,250 barrels per day of crude and refined products and reshipped a portion of it to regional allies. Venezuela's imports Oil as a ...

Venezuela’s flagship oil blend, Merey, maintained a stable price of US $59.58 per barrel during this period. While Venezuela managed to boost its exports, the country’s oil sector continues to ...

Trump imposed strict sanctions on Venezuela during his first term, and he has appointed officials who may seek to reduce U.S. oil imports from Venezuela. After basic conditions were not met for a ...

The vice president described Maduro's decision as a new vision to boost “oil and gas production” and for the country to become an exporting power by 2026-2027. Venezuela “looks to the future ...

Venezuela's National Assembly Thursday passed a law creating a new region in the oil-rich Essequibo territory ... which is to be added to the country's official maps. The law establishes that ...