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US extends protection of Venezuela-owned Citgo from creditors
The US Treasury extended a license protecting Venezuela-owned Citgo Petroleum from creditors through May 5, supporting ongoing sanctions easing and investment efforts.
US treasury issues license waiving sanctions on Venezuela’s PDVSA
The US Treasury Department has issued a general license waiving sanctions on Venezuela's state oil company PDVSA, easing measures imposed in 2019.
US says it needs to control Venezuelan oil sales indefinitely to drive change
The U.S. aims to control Venezuela’s oil sales and revenue indefinitely to stabilize its economy and rebuild production.
Caracas, Washington in talks to export Venezuelan oil to US, sources say
HOUSTON/WASHINGTON, Jan 6 (Reuters) – Government officials in Caracas and Washington are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday, a deal that could divert supplies away from China while helping state company PDVSA avoid deeper output cuts. Venezuela has millions of barrels […]
Venezuela loads oil only for Chevron as PDVSA exports stall
Venezuela is exporting crude only to Chevron as PDVSA cargoes for China remain halted amid a U.S. tanker blockade.
