A year after sanctions, Venezuela's embattled oil
CARACAS, Jan 28 (Reuters) Venezuela's oil exports have steadily risen in recent months, throwing a lifeline to President Nicolas Maduro, as Washington has failed to
In April 2019, Venezuela's crude oil production averaged 830,000 barrels per day (b/d), down from 1.2 million b/d at the beginning of the year, according to EIA’s May 2025 Short-Term Energy Outlook.This average is the lowest level since January 2003, when a nationwide strike and civil unrest largely brought the operations of Venezuela's state oil company, Petróleos de Venezuela, S.A. (PdVSA
A year after sanctions, Venezuela's embattled oil
Following the Jan. 28, 2025 ban on U.S. firms importing Venezuelan crude, the United States has not followed through on threats to extend the sanctions to any foreign company doing business with
U.S. Says Americans Can Buy Venezuelan Oil Until April 28 Treasury’s sanctions guidance covers Citgo Petroleum, which is controlled by Venezuela’s state-owned oil company
Venezuela’s Oil Meltdown Defies Belief OilPrice
Venezuela’s heavy oil needs to be upgraded before it can be exported, but at least three PDVSA upgraders are in terrible shape, and the Petropiar upgrader, which PDVSA runs jointly with Chevron
Venezuela's oil exports have steadily risen in recent months, throwing a lifeline to President Nicolas Maduro, as Washington has failed to make good on threats PDVSA has also given
Venezuela Crude Oil: Exports [1980 2020] [Data &
Venezuela’s Crude Oil: Exports was reported at 1,273.123 Barrel/Day th in Dec 2018. This records a decrease from the previous number of 1,596.360 Barrel/Day th for Dec 2017. Venezuela’s Crude Oil: Exports data is updated yearly, averaging 1,562.037 Barrel/Day th from Dec 1980 to 2018, with 39 observations. The data reached an all-time high of 2,243.900 Barrel/Day th in 1998 and a record
Spain's Repsol suspended its swaps of refining products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weighed penalties for
Exclusive: Spain's Repsol suspended swap deal
HOUSTON/MEXICO CITY (Reuters) Spain's Repsol suspended its swaps of refining products for crude with Venezuela's state-run oil company PDVSA
By Mircely Guanipa and Deisy Buitrago. PUNTO FIJO/CARACAS (Reuters) Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month
- Will Venezuela continue producing & exporting heavy oil after US license expires?
- REUTERS/Isaac Urrutia/File Photo (Reuters) - Venezuela's state-run PDVSA has put together three operational scenarios as part of plan to continue producing and exporting heavy oil at the largest joint venture with Chevron in the country once a license to the U.S. major expires next month, according to a company document seen by Reuters on Monday.
- How much oil does Venezuela produce a day?
- The Venezuelan firm plans to produce between 105,000 and 138,000 barrels per day (bpd) of Hamaca heavy crude, with a portion of the output sent to domestic refineries and another exported to other markets than the U.S., the document says. (Reporting by Reuters) Copyright 2025 Thomson Reuters.
- Where is the oil tanker Kerala being loaded?
- FILE PHOTO: Oil tanker Kerala, chartered by Chevron, is being loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023. REUTERS/Isaac Urrutia/File Photo
