The U.S. Treasury and State departments in March revoked the authorizations they had granted in recent years for PDVSA's ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields and ...

Houston, Texas-based oil giant Chevron is transferring joint venture control to its partner, state company PDVSA, while ...

Chevron has terminated the oil production, service and procurement contracts it had to operate in Venezuela, delegating its joint-venture governance to its partner, state company PDVSA, but it plans ...

However, to gain a real appreciation of the depths of Venezuela’s socialist disaster, we must look under the hood of Petróleos de Venezuela (PDVSA), Venezuela’s state-owned oil giant.

Spain ceased all crude oil imports from Venezuela in April due to upcoming U.S. sanctions requiring foreign companies to halt ...

The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil joint ventures with state company PDVSA, three sources ...

HOUSTON, April 10 (Reuters) - Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron (CVX.N), opens new tab to load and export ...

(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 ...

The US government has notified foreign partners of Venezuelan state oil company PDVSA of the imminent cancellation of authorizations that allow them to export Venezuelan oil and byproducts ...

PDVSA just shipped a 920,000-barrel cargo of heavy Boscan crude—previously exported exclusively by Chevron—out of Venezuela bound for Malaysia, a known trans-shipment point for crude ...

PdVSA, Venezuela’s national oil company, is expected to offer bondholders $7 billion in new bonds Wednesday in exchange for existing debt, an effort to ease a cash-flow squeeze.