While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

Venezuela’s oil exports have stayed almost the same recently, even though the country is under strong sanctions from the ...

Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump's ...

Venezuelan opposition leader María Corina Machado, currenty in hiding in her country, is touting a major economic reform plan ...

Venezuela’s oil exports held steady in May, despite re-imposed US sanctions. Chatham House research suggests that’s unlikely ...

Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

That effort helped crater the Venezuelan economy but failed to achieve regime change. Maduro tightened his grip until the ...

Venezuela's government is increasing taxes and public service fees on the private sector to alleviate some of the fiscal ...

Iran also offers the cheapest petrol in the world. Following Iran, Qatar ranks third with 23,871 cubic kilometers of natural ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...