The Treasury Department is easing sanctions on Venezuela’s state oil company. It's one way the Trump administration is trying to ease oil prices that have soared during the Iran war.

Antonio Machado Allison does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

While attention is often on Venezuela's vast oil reserves, many experts believe that exploiting its natural gas fields, which were previously neglected, presents a more immediate opportunity for ...

March 4 (UPI) --Venezuela state oil company Petróleos de Venezuela S.A. announced signing new contracts to supply crude oil and refined products for the U.S. market. The agreements were signed with ...

WASHINGTON (AP) — The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December, ...

Sales of Venezuelan oil under the flagship supply agreement with the United States are expected to reach $2B by the end of February, U.S. Energy Secretary Chris Wright told reporters in Texas on ...

HOUSTON, Feb 26 (Reuters) - Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of President Nicolas Maduro, four sources ...

Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON (Reuters) – The U.S. Treasury Department said on Wednesday it would authorize companies seeking licenses to resell ...

U.S. President Donald Trump said in his 2026 State of the Union address that the United States has received more than 80 million barrels of oil from Venezuela, adding that U.S. oil and natural gas ...

My dad fought in the U.S. Army in World War II, defending Alaska, Belgium and Germany. My brother was in the Army during Vietnam. One of my sons was on a submarine in the U.S. Navy during the Kosovo ...