Venezuela, a country in South America, has the largest oil reserves in the world. But over the last few years, the country ...

Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for ...

On Saturday, the U.S. men’s national team will face Venezuela in Fort Lauderdale, Fla. The friendly is an opportunity for the ...

Naman Wakil, who faced foreign corruption charges in Miami, died in 2023. But the feds still seized his tainted profits.

The United States issued new Venezuela-related sanctions on Friday, including measures targeting state oil company PDVSA ...

The Biden administration announced new sanctions against Venezuelan President Nicolás Maduro and other government officials ...

Chevron (NYSE:CVX) filed tax returns worth $300M with the Venezuelan government last year, saying in March 2024 that its ...

The incoming US administration will weigh arguments from foreign policy hardliners and oil lobbyists to determine its Venezuela approach.

Much of Venezuela’s success stems from Washington's leniency under President Biden, who issued individual licenses that ...

The modest recovery of recent years fails to mask Venezuela’s crisis: a shattered productive structure, poverty levels nearly three times the regional average, and profound inequality ...

General License 41 prohibits the US driller from paying taxes, royalties or dividends of any kind to Petroleos de Venezuela SA or any other state controlled entity. It also forbids it from selling ...