The Cold War lived on in socialist Venezuela, where, since Hugo Chávez courted the Kremlin in the 2000s, the United States and Russia engaged in what was largely a two-way Continue Reading
Venezuela’s state oil company PDVSA halted two key gasoline production units at its Amuay refinery, the country’s largest, after a fire in the area, four sources with knowledge of the Continue Reading
In this Sept. 9, 2021 file photo, pedestrians walk near a poster asking for the freedom of Colombian businessman and Venezuelan special envoy Alex Saab, and that reads in Spanish Continue Reading
The supervisory boards of Venezuela-owned Citgo Petroleum, racing to stave off a breakup of the eighth-largest U.S. oil refiner, have held talks with U.S. officials in Bogota, Colombia, seeking to Continue Reading
The collapse of Venezuela’s oil industry could lead to significant environmental consequences. Oil spills are likely to increase due to a lack of infrastructure investment and maintenance. A key part Continue Reading
Saab was charged with money laundering in the US One of President Nicolás Maduro’s closest aides has been extradited from Cape Verde to the United States, where he’s been charged Continue Reading
Venezuela’s government has suspended internationally sponsored negotiations with the opposition and revoked the house arrest of six American prisoners after the US extradited a close ally of president Nicolås Maduro Continue Reading
An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2 million barrels of heavy crude provided by state-run oil firm PDVSA (PDVSA.UL), according to documents Continue Reading
The stench of gasoline burned through Verónica Barboza’s nose as she stood by the edge of Lake Maracaibo, one of the largest lakes in South America, on a recent afternoon. Continue Reading
Despite huge oil reserves waiting to be tapped, the ongoing sanctions on Venezuelan oil and the current state of politics and the economy are driving international oil majors away from Continue Reading
