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

Chávez's "Socialism for the 21st century" policies have included the confiscation of foreign-owned facilities and the bloating of state oil company Petróleos de Venezuela S.A., or PDVSA, with ...

Venezuela's state-run PDVSA achieved $17.52 billion in hydrocarbon sales abroad. Despite U.S. revoking foreign operation ...

CARACAS/HOUSTON (Reuters) - Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. An alleged crackdown on ...

With U.S. sanctions spooking key oil buyers and depriving its government of cash, Venezuela last year inked a deal with a little-known local company to swap crude for food, Reuters has learned.

Venezuela's state-run PDVSA reported external hydrocarbon sales of $17.52 billion in 2024. This occurred during a period when ...

A U.S. court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum ...

Two former Petroleos de Venezuela SA employees were acquitted by a judge on Saturday, after they had been found guilty in February 2021 of leaking information to a US-based company.

HOUSTON (Reuters) -Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources ...

Chevron is ending contracts in Venezuela, delegating operations to PDVSA, while retaining staff in the country amid U.S. sanctions and deadlines affecting oil shipments.

Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services ...

U.S.-sanctioned Venezuela and Iran had a swap agreement that allowed PDVSA to import crude and condensate between 2021 and 2023 and use them as diluents for its heavy oil. But debts and ...