Traders are selling Venezuelan crude oil as Brazilian to China to avoid US sanctions and reduce transportation costs.

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as ...

A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan ...

Really? What do you think she does for Trump when they are alone. I am pretty sure they don’t pray together. We all know ...

While oil is currently exempt from U.S. tariffs, Canada has sought to diversify its exports due to brief U.S. duties on its ...

The collapse of the industry and state-owned PDVSA resulted ... editor of Venezuelan oil journal Petroguía, told IPS. Monaldi explains that of Venezuela’s 700,000 daily exportable barrels, half went ...

Guyana could lead the world in growing its oil output. But the country faces the difficult balancing act of addressing a lengthy to-do list to modernize the country, while protecting itself from ...

If you are looking at ExxonMobil (XOM -0.41%) you are probably also considering Chevron (CVX -0.14%). And if you are ...

In February, the Maharatna company had signed a memorandum of understanding (MoU) with Petrobras, Brazil’s state-owned oil major ... Nigeria, Venezuela, Mozambique, Bangladesh and Russia.

successive US administrations have levied wave after wave of unilateral sanctions against Venezuela’s oil industry. The goal is clear: to strangle the country’s most important economic sector. This ...

Venezuela is left with fewer international partners, raising concerns about the future viability of its oil industry. Russia’s Role in Balancing the Global Oil and Gas Demand Russia’s oil ...

At least six tankers have been queuing next to Venezuela’s oil ... for the May 27 expiry of the US oil major’s production license. India Tells Steel Industry to Invest Abroad.