Chevron (NYSE:CVX) plans to boost oil exports from Venezuela to a seven-year high, Bloomberg reported Friday, after a meeting between Venezuela President Maduro and Trump envoy Richard Grenell eased ...

Trump has pledged to carry out the largest deportation campaign in US history, vowing to expel millions of undocumented ...

Harry Sargeant III, who has long sought to expand his energy dealings in Venezuela, was allegedly a key figure in facilitating negotiations ...

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Within his first two weeks in office, US President Donald Trump sent an emissary to arch-rival Venezuela, an apparent ...

Richard Grenell, the US president’s envoy for special missions, travelled to Venezuela on Friday to press Maduro to accept ...

Under Maduro – in office since 2013 – oil-rich Venezuela has fallen into a deep economic and political crisis, gripped by hyperinflation. Millions of people have fled the country in fear and ...

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 ...

Under the Biden administration, the Treasury Department allowed Chevron, the main U.S. oil company with operations in Venezuela, to restart production and sell the Venezuelan oil it pumps to the ...

President Donald Trump’s envoy for special missions, Richard Grenell, has traveled to Venezuela to deliver an in-person message to socialist dictator Nicolás Maduro about accepting violent ...

Venezuela boasts the largest proven oil reserves in the world, and US refiners are chewing through Venezuela’s heavy crude at an increasing pace, reaching a six-year high in December to 300,000 bpd.