If Venezuela, which owns 100% of the refiner and its U.S.-based parent companies, fails to retain some equity, it would lose ...

A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...

On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group Ltd. that they shouldn’t be ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields and ...

State-owned oil Petroleos de Venezuela SA plans to roll out a price increase of $0.25 per liter to $0.75 across states.

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

Spain, which had been increasing its imports of crude oil from Venezuela earlier this year, completely stopped buying ...

Spain did not import crude oil in Venezuela during April. This was ahead of the key deadline for sanctions set by President Donald Trump’s administration.

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

Venezuela’s oil exports have stayed almost the same recently, even though the country is under strong sanctions from the ...

Venezuela's oil exports remained stable in May 2025, according to state oil company PDVSA and vessel-tracking data. Increased shipments to China offs ...