Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.

Venezuela’s vast oil wealth did more than sustain an ally in Havana. It helped finance a far-reaching intelligence and security apparatus — one tied to allegations of torture, political persecution and social control,

Venezuelan oil businessman ⁠Wilmer ⁠Ruperti has been held ⁠by authorities since Thursday after the country's ​intelligence police requested a meeting with him, Ruperti's legal ‌representatives told Reuters on Friday.

Chevron is working on a deal to add even more fuel to its growth engine.

A global diaspora of oil workers holds the key to the country’s recovery, but many still don’t trust the government.

By Timothy Gardner and Marianna Parraga March 18 (Reuters) - The U.S. issued a waiver on Wednesday broadly authorizing U.S. companies to do business with Venezuela's state-run oil company PDVSA, a key step that could secure investment and,

Shell confirmed it has inked deals with Venezuela to explore development of the country’s oil and gas reserves, less than a month after the US began allowing oil majors to sign exploration and production agreements with the South American nation. The agreements were signed on Thursday, a Shell spokesperson said in a statement to Upstream.

Venezuela’s Orinoco River Basin is a wild land of lush forests, grasslands and a vast delta of jungle wetlands teeming with wildlife. During the rainy season, the Orinoco is the world’s third-largest river by discharge.

Since the U.S. ousted Venezuela’s president, Nicolás Maduro, earlier this year, officials in Caracas have been looking for ways to increase oil production, including by attracting foreign private investment.

Imagining what a prosperous future for Venezuela would look like if the nation shifted from oil and gas to wind energy.