Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following ...

State-owned oil Petroleos de Venezuela SA plans to roll out a price increase of $0.25 per liter to $0.75 across states.

Spain ceased all crude oil imports from Venezuela in April due to upcoming U.S. sanctions requiring foreign companies to halt ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...

Venezuela's oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in ...

Venezuela has swiftly signed new oil agreements with Chinese and other foreign firms to replace departing U.S. service ...

Houston, Texas-based oil giant Chevron is transferring joint venture control to its partner, state company PDVSA, while ...

Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...

(Reuters) -Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint venture with Chevron once a ...

A federal judge on Monday extended to June 18 the deadline for rival offers in a court-ordered auction of Citgo's assets.

The US government has notified foreign partners of Venezuelan state oil company PDVSA of the imminent cancellation of authorizations that allow them to export Venezuelan oil and byproducts ...

Dozens Forced to Quit Venezuela's PDVSA Over Political Views, Workers Say By Mircely Guanipa, Deisy Buitrago and Marianna Parraga CARACAS/MARACAY, Venezuela (Reuters) - Over a hundred employees at ...