The US president wants American energy firms to start extracting the crude but they are reluctant.

The U.S. military intercepted and boarded an oil tanker overnight that was linked to Venezuela after tracking it from the ...

Broken pumps, rusted pipes, ghost towns mark Venezuela's once vibrant oil hub. It will cost billions to restore the industry.

TotalEnergies completely exited its oil and gas operations in Venezuela in 2022, following a strategic shift away from heavy ...

By Nidhi Verma and Jarrett Renshaw NEW DELHI/WASHINGTON, Feb 13 (Reuters) - The United States has issued a general licence to ...

US Energy Secretary Chris Wright vowed Wednesday to power a "dramatic increase" in Venezuelan oil output as part of a plan to ...

By Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 13 (Reuters) - Venezuela's state-run oil company PDVSA has refused to ...

After decades of operating through sanctions and political turmoil, Ensign Energy Services now holds a strategic early-mover ...

The U.S. military has targeted another sanctioned tanker in the Indian Ocean as part of its efforts to track down illicit oil ...

Venezuela’s oil sales, under the control of the United States, are set to bring $5 billion over the next few months, with $500 million in proceeds already transferred to Caracas.

The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now ...

The Treasury Department issued licenses Friday for oil companies including Chevron and certain European rivals to operate in ...