Reduced to a marginal oil producer over the past decade, Venezuela has suffered another blow as United States president Donald Trump ordered punitive measures to blockade and further restrict the ...

Oil and gas group Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May ...

In a move underscoring the evolving multipolar world order, Venezuelan Vice President Delcy Rodriguez's visit to Beijing on ...

Early in the twenty-first century, Venezuela took advantage of its vast oil reserves to become a major supplier of oil for the Caribbean. Under a program called Petrocaribe, Venezuela shared its oil ...

This month, the Trump administration revoked a 2023 licence for Shell and NGC to pursue the Dragon field project.

What's next for the struggling Caribbean country, which has the world's largest-known oil reserves but has become ... already marred by fraud allegations. Venezuela's state-owned PDVSA oil giant ...

Venezuelan state-owned PDVSA has revoked authorizations for U.S. supermajor Chevron to load and export crude oil, following ...

Top US diplomat Marco Rubio on Thursday bluntly warned Venezuela against attacking its oil-rich neighbor Guyana, brandishing ...

Shell, the oil and gas company, plans to finish a marine survey of the offshore Dragon gas field in Venezuela before the May ...

Maduro’s government began using cash reserves in 2021 to artificially ... to pump and export Venezuelan oil. The Biden ...

That’s putting pressure on the bolivar because Venezuela funnels oil revenue ... and the central bank’s liquid reserves drying up, oil revenue is essential to supply dollars to the official ...