Venezuela's PDVSA has resumed importing light crude as its own production declines, causing export issues. A previous swap ...

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...

Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

Venezuela's oil exports increased by 15% in January, reaching approximately 867,000 barrels per day. This surge was primarily ...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...

Venezuela boasts of having the largest oil reserves on the planet, and a massive exodus of its people means that there are almost eight million fewer mouths to feed, but still some five million ...

New beginning' in US-Venezuela relations? - Venezuela has the world's biggest known oil reserves, but production is stunted, ...

flew to Caracas in November 2017 to meet with the Venezuelan president in hopes of cutting a deal to buy the country’s heavy crude oil for his new asphalt production company in New Jersey.