The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with ...

This development could constitute a departure from the pressure strategy that the US has maintained this year against ...

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

The U.S. government is considering granting limited authorizations to Chevron and possibly other partners of Venezuela's ...

The Trump administration is considering granting new authorizations to key partners of Venezuela's PDVSA, including Chevron, ...

Doha: Oil prices eased on Friday and settled at a three week low as traders worried about negative economic news from the US ...

Crude oil holds firm above $65.38 pivot. Traders eye demand catalysts vs rising Venezuelan supply. Outlook stays bullish with ...

PdVSA is designated pursuant to Executive Order (E.O.) 13850 for operating in the oil sector of the Venezuelan economy. 1. For parties designated on the SDN List such as PdVSA, ...

FILE PHOTO: Logo of state oil company PDVSA is seen at a gas station in Caracas CARACAS (Reuters) - At least 38 workers from Venezuela's state oil company Petroleos de Venezuela’s, including the ...

PdVSA was already defaulting on debt before sanctions were imposed. The company produces around 700,000 barrels per day, but has few buyers. Its main market, the U.S., doesn’t want it.

Some PDVSA partners, looking for ways to keep activity at their oil joint ventures going, have begun taking care of exports themselves so crude stored since 2019 can be sold.