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PDVSA

FILE PHOTO: U.S. Department of Energy Secretary Chris Wright attends a Reuters Next event in Manhattan, New York City, U.S., September 25, 2025.REUTERS/Carlos Barria/File Photo
Jan 7, 2026

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.

FILE PHOTO: Pumpjacks are seen at Lake Maracaibo in Cabimas, Venezuela October 5, 2017. Picture taken October 5, 2017. REUTERS/Isaac Urrutia/File Photo
Jan 6, 2026

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 […]

FILE PHOTO: A mural depicting oil workers of Venezuelan state oil company PDVSA is pictured near the company's headquarters, in Caracas, Venezuela May 14, 2025. REUTERS/Leonardo Fernandez Viloria/File Photo
Jan 6, 2026

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.

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