Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

About half a dozen international oil companies are waiting on U.S. government authorization to resume operations in Venezuela ...

Chevron has received a renewed, restricted U.S. license to operate in Venezuela under the condition that no payments are ...

About a half dozen foreign partners of Venezuela's state-owned oil company PDVSA are awaiting authorizations from the U.S.

Chevron has received a restricted U.S. license allowing operations in Venezuela, with conditions preventing oil proceeds from ...

This development could constitute a departure from the pressure strategy that the US has maintained this year against ...

The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with ...

By Marianna Parraga and Nivedita Bhattacharjee (Reuters) - U.S. producer ConocoPhillips (COP.N) and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies ...

Neither PDVSA nor Venezuela’s oil or information ministries or chief prosecutor’s office responded to requests for comment. President Nicolas Maduro has called U.S. sanctions illegal and ...

Venezuela's state-run oil company PDVSA is reviewing accounts of Maroil Trading, owned by Venezuelan shipping magnate Wilmer Ruperti, over outstanding debts from petroleum coke supply, five ...

PDVSA's payroll has more than doubled to 115,000 employees since Chávez took office in 1999, and debt has risen 10-fold since 2006 to $34 billion.