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

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

The resilience comes despite a hard stop to licenses that previously allowed U.S. and European firms to legally engage with Venezuela’s sanctioned oil sector. May 27 marked the final deadline ...

(Reuters) -Venezuela's oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized sales, according to vessel-tracking data ...

This shift marks a significant change in Venezuela's oil trade ... keep production running as U.S. sanctions tighten. Venezuela's oil sector now relies heavily on China. The country uses ...

The broader industry has remained cautious, as the expiration of US authorisations creates uncertainty for corporations that have previously operated in Venezuela under special rights. Oil exports ...

Following tighter US sanctions and a significant drop in oil revenue, Venezuela’s government is increasing taxes and public service fees on the private sector in an attempt to alleviate some of the ...

(Reuters) -Venezuela's government is increasing taxes and public service charges on the private sector to compensate for declining oil revenue after tighter U.S. sanctions, according to business ...

The potential peril [is] the climate change dynamic ... The LCDS long predated the discovery of oil. Guyana has built up a reputation over the years of environmental protection, climate mitigation… ...