Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship ...

Chevron plans to boost oil exports from Venezuela to a seven-year high, after a meeting between Venezuela President Maduro ...

THE Organisation of Petroleum Exporting Countries (OPEC), said Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January.According to ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...

Chevron Corporation CVX is currently in conversation with the Trump administration, which is reconsidering its license to operate in Venezuela. With this new policy, Chevron is in a challenging ...

Venezuela, which once was one of the richest countries in Latin America, is now dealing with hyperinflation, migration and ...

Six Americans who had been detained in Venezuela in recent months were freed by the government of President Nicolás Maduro after he met Friday with a Trump administration official tasked with ...

Maduro and Grenell also discussed issues of migration and sanctions, according to a Venezuelan government statement on Friday. Under Maduro – in office since 2013 – oil-rich Venezuela has ...

The potential face-off comes after Trump signaled his administration's intent to halt oil purchases from Venezuela, a move echoing his earlier political strategy against Maduro. Grenell, recently ...

A last bone of contention is oil, which Venezuela exports to the US in great quantities. In fact, only China buys more Venezuelan oil than the US. But US companies also operate in Venezuelan waters.