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

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

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

In a marked shift in U.S. policy toward Venezuela, the Trump administration has quietly approved a new license allowing oil ...

By Marianna Parraga, Matt Spetalnick and Timothy Gardner HOUSTON/WASHINGTON (Reuters) -U.S. President Donald Trump's ...

Trump's Chevron policy looks to balance demands from regime-change hardliners and MAGA operators who warn against China's role in Venezuela.

The Trump administration is considering granting new authorizations to key partners of Venezuela's PDVSA, including Chevron, ...

The U.S. government is considering granting limited authorizations to Chevron and possibly other partners of Venezuela's ...

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PdVSA owns gasoline station Citgo, which has a debt deal with Russian oil firm Rosneft. The path to sanctions relief for PdVSA and its subsidiaries depends on current president Nicolas Maduro ...

PdVSA was already defaulting on debt before sanctions were imposed. The company produces around 700,000 barrels per day, but has few buyers. Its main market, the U.S., doesn’t want it.

Also, PDVSA-Bitor was facing possible future restrictions on the commercial availability of the new surfactants. For this new formulation, PDVSA-Bitor tested more than 10 surfactant packages.