central bank and state-run company PDVSA. Such a U.S. authorizing license for the Dragon field was first granted in early 2023 and extended later through October 2025, and Trinidad's National Gas ...

The Trump administration's decision to revoke American oil companies' licenses to operate in Venezuela has effectively ended ...

Venezuela's state-run PDVSA was on Wednesday restarting several operational units at its 310,000-bpd Cardon refinery.

The Cardón refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage ...

A Decatur man faces federal charges for allegedly smuggling goods and laundering money in violation of U.S. sanctions against Venezuela, the U.S. Department of Justice said Tuesday.

US-based oil refinery company CITGO appears to have been involved in a recently exposed corruption and fraud scheme ...

Venezuela has increased crude shipments to China amidst the tightening of US sanctions against the oil industry.

The support of Quinn is key for the new CEO also in that respect. The first-ever chairman at Julius Baer who doesn’t hail from Switzerland led a series of strategic reviews at HSBC, and he is ...

If Venezuela, which owns 100% of the refiner and its U.S.-based parent companies, fails to retain some equity, it would lose its most significant overseas asset. The country, with foreign debt ...

Chevron plans to lay off 200 employees at locations in Midland, Texas as part of a global workforce reduction of up to 20% by ...

Venezuela’s state-run oil firm PDVSA is taking over crude shipments once managed by Chevron as sanctions drama and payment disputes derail the fragile oil détente between Washington and Caracas.