Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

About half a dozen international oil companies are waiting on U.S. government authorization to resume operations in Venezuela ...

Chevron and other foreign partners are still awaiting authorizations from the US government following talks last week about ...

About a half dozen foreign partners of Venezuela's state-owned oil company PDVSA are awaiting authorizations from the U.S.

The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with ...

This development could constitute a departure from the pressure strategy that the US has maintained this year against ...

Venezuelan state oil company PDVSA's contract to operate Curacao's 335,000-barrel-per-day Isla refinery will end on Dec. 31, despite an earlier agreement to extend the contract by a year, the ...

B y Miluska Berrospi NEW YORK, Oct 10 (IFR) - One of the largest holders of the 2020 bond issued by Venezuelan oil company PDVSA is bracing for a possible default later this month on what is the ...

The indictment alleges that beginning in 2009 and continuing through at least 2013, Muller and Pinto conspired to bribe three PDVSA officials to get business with the state-run oil company.

CARACAS/HOUSTON (Reuters) - Venezuela's PDVSA and international trading company Trafigura are in discussions to swap over 10 percent of the South American country's crude output for imported fuels ...

PdVSA was already defaulting on debt before sanctions were imposed. The company produces around 700,000 barrels per day, but has few buyers. Its main market, the U.S., doesn’t want it.