The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy ...

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

Energy Secretary Chris Wright said this week that he expects upcoming sales of Venezuelan oil to bring in $5 billion. “Sales today are over a billion dollars and in fact, we have sort of short-term ...

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

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

US President Donald Trump said Friday he planned to visit Venezuela and reiterated satisfaction with its interim leader, as ...

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 ...

US Energy Secretary Chris Wright toured oil producing facilities in Venezuela with its acting president Delcy Rodríguez as the Trump administration moves to control sales of the country’s oil.

Venezuelan oil is unlikely to lower gas prices in the short term but could reduce price volatility over the next three to five years. Venezuela possesses the world's largest proven oil reserves, ...

The U.S. is cooperating with a regime in Venezuela it does not recognize, and it's unclear what role the opposition will play ...