HOUSTON (Reuters) - Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

By bne intellinews Venezuela, once a significant supplier of crude oil to the United States, may be on the brink of losing ...

Oilrrigs by Maria Lupan on UnSplash. Venezuela exported large amounts of heavy crude oil to the U.S. before economic sanctions were imposed in 2019 during Donald Trump’s first term. These exports ...

(Bloomberg) -- President Donald Trump said he plans to fill the US’s strategic oil reserve “right to the top” after it reached lows not seen since the 1980s under President Joe Biden. Trump vowed to ...

Strategic Petroleum Reserve had been drawn down under Biden Sales meant to control gas prices after Russia invaded Ukraine President Donald Trump said he plans to fill the US’s strategic oil reserve ...

Venezuela, a country in South America, has the largest oil reserves in the world. But over the last few years, the country has faced serious challenges. Corruption, bad management, and tough economic ...

Copyright 2025 The Associated Press. All Rights Reserved. A sculpture of a hand holding an oil drilling rig stands outside the state-run oil company Petroleos de ...

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation ...

The inauguration of Nicolás Maduro for a third consecutive term as president of Venezuela on January 10 ... control over the world’s largest oil reserves. The Biden administration responded ...