In 2017, the Venezuela’s state-run oil firm PDVSA bought 180,250 barrels per day of crude and refined products and reshipped a portion of it to regional allies. Venezuela's imports Oil as a ...

(Reuters) - Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA ...

Venezuela produced about 20% of Venezuela’s oil in 2024, close to Maduro’s goal of 1 million barrels per day. Chevron is the only major oil producer with a waiver to operate in Venezuela ...

For its part, state oil company PDVSA reported a 998,000 bpd output in December, up from 960,000 bpd the prior month. Venezuela’s crude and byproduct exports receded to 756,000 bpd last month from a ...

“Venezuela does not recognize the judicial ... The dispute was reignited in 2015 when US oil giant Exxon Mobil found oil deposits off the coast of Essequibo, which is equivalent to two-thirds ...

Thanks to Venezuela’s oil deposits – the largest in the world – and the oil price explosion that coincided with Chávez’s ...

We have plenty of oil for ourselves." Trump's envoy for special missions, Richard Grenell, had earlier said he spoke with multiple officials in Venezuela and would begin meetings early Tuesday ...

Venezuela's oil exports increased for the second consecutive month to 713,097 barrels per day (bpd) in July, as state-run PDVSA offset loading delays at its main port by boosting ship-to-ship ...

Venezuela has the world's largest oil reserves ... Argentina's Vaca Muerta (Dead Cow) shale oil deposit is the fourth-largest in the world. The U.S. Energy Information Administration expects ...

(Reuters) - Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA, ...