For its part, state oil company PDVSA reported a 998,000 bpd output in December, up from 960,000 bpd the prior month. Venezuela’s crude and byproduct exports receded to 756,000 bpd last month from a ...

Venezuela produced about 20% of Venezuela’s oil in 2024, close to Maduro’s goal of 1 million barrels per day. Chevron is the only major oil producer with a waiver to operate in Venezuela ...

In 2017, the Venezuela’s state-run oil firm PDVSA bought 180,250 barrels per day of crude and refined products and reshipped a portion of it to regional allies. Venezuela's imports Oil as a ...

(Reuters) - Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA ...

on its Namibian offshore oil discovery in 2026, CEO Patrick Pouyanne said on Wednesday at a press briefing. Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by ...

Venezuela's oil exports increased for the second consecutive month to 713,097 barrels per day (bpd) in July, as state-run PDVSA offset loading delays at its main port by boosting ship-to-ship ...

(Reuters) – Venezuela’s oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp CVX.N from its joint ventures with state ...

US President Donald Trump said yesterday that his administration would likely stop buying oil from Venezuela and was looking “very strongly” at the South American country. “It was a great ...

We have plenty of oil for ourselves." Trump's envoy for special missions, Richard Grenell, had earlier said he spoke with multiple officials in Venezuela and would begin meetings early Tuesday ...

(Reuters) - Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA, ...

s sanctions waiver that allows the oil giant to operate in Venezuela. The Biden administration “got played” in negotiations with Venezuelan President Nicolas Maduro that encouraged him to hold ...