US oil major Chevron is in discussions with the Trump administration to broaden a key authorization that would allow the company to increase crude oil exports from Venezuela, including shipments to its own refineries ...
The Trump administration plans to meet later this week with US oil company executives to discuss boosting natural gas and oil production in Venezuela following the removal of President Nicolas Maduro, a source familia...
Global energy analysts anticipate a gradual recovery in Venezuelan crude oil production following the US strike and capture of President Nicolas Maduro, a development poised to reshape global supply dynamics, accordin...
Minister of Petroleum and Mineral Resources Tarek El Molla has met with his Venezuelan counterpart Pedro Rafael Tellechea Ruiz to explore the available opportunities for Egyptian companies to invest in the Venezuela’s...
In a move to avoid payment defaults, the new CEO of Venezuela’s PDVSA Pedro Rafael Tellechea stopped most oil export contracts while his team reviews them according to an internal document seen by Reuters and pe...
According to documents and four people with knowledge of the decision, Maroil Trading, owned by shipping magnate Wilmer Ruperti, has taken over sales of nearly all of Venezuela’s petroleum coke exports, a move t...
In the presence of the presidents of Iran and Venezuela, SADRA (Iran Marine Industrial Company) handed over the second Aframax tanker built by the company. Iranian and Venezuelan presidents were connected via video co...
On the sidelines of the Gas Exporting Countries Forum (GECF), Minister of Petroleum and Mineral Resources Tarek El Molla met with Russian Energy Minister Nikolay Shulginov, the Egyptian ministry said in a statement. T...
Crude inventories at Venezuela’s export terminal, Jose, have surpassed their highest levels since August, surging to 11.8 million barrels (mmbbl) as of October 24, more than double the 5.6 mmbbl registered a month ear...
Venezuela’s state-owned oil company Petroleos de Venezuela (PDVSA) is set to offload crude from the Nabarima floating oil facility amid environmental concerns, according to Reuters. The transfer of the 1.3 million bar...