Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

Venezuela's state-run PDVSA achieved $17.52 billion in hydrocarbon sales abroad. Despite U.S. revoking foreign operation ...

Venezuela's state-run PDVSA reported external hydrocarbon sales of $17.52 billion in 2024. This occurred during a period when ...

Holders of a key bond defaulted by Venezuela's state oil company PDVSA asked a New York judge on Thursday to ensure they can ...

A U.S. court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum ...

(Reuters) -Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint venture with Chevron once a ...

An oil refinery in Maracaibo, Venezuela. AFP via Getty Images. PDVSA, Repsol, Eni, Maurel & Prom, Reliance and the US State Department did not immediately reply to requests for comment.

Venezuela imported some 73,000 bpd of Iranian condensate and crude in 2022, which fell to about 40,000 bpd in 2023. Last year, PDVSA only made sporadic purchases of foreign crude cargoes, which ...

Chevron is ending contracts in Venezuela, delegating operations to PDVSA, while retaining staff in the country amid U.S. sanctions and deadlines affecting oil shipments.

The PDVSA-Crypto scandal, involving Venezuela’s state oil company Petróleos de Venezuela, S.A. (PDVSA), was a massive failure. Significant oil shipments were sold, and payments were made in ...

Venezuela has an estimated debt burden of $150 billion or higher. Hyperinflation. Annual inflation skyrocketed to just over 130,000 percent in 2018, ... PDVSA of Venezuela being another.

Venezuela has some of the world's largest reserves of oil, but its crude output remains at a fraction of what it was a decade ago after a lack of investment, mismanagement at PDVSA and U.S ...