Venezuela's PDVSA shifts to crypto, using USDT for oil trades as a sanction evasion strategy, according to a new report.

Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S.

Polish oil refiner Orlen has cancelled contracts to buy Venezuelan oil and refined products after losing more than $400 ...

(Ariana Cubillos/AP) The Biden administration will reimpose oil and gas sanctions on Venezuela after President Nicolás Maduro failed to comply with a U.S.-backed agreement to allow opposition ...

The Biden administration now has little choice but to follow through on its threats to reimpose the sanctions on Venezuela’s oil and gas industry, even though they have become deeply unpopular ...

The AP cited Venezuela’s Attorney General Tarek William Saab as saying the arrest took a while because of “the various steps” of the investigation that uncovered a mechanism for selling oil ...

TOKYO (Reuters) - Oil prices rose in early trade on Thursday, slightly paring the previous session's losses after the United States said it would reinstate oil sanctions Venezuela, while the ...

Venezuela’s government arrested two high-level energy officials on Sunday following the detention of a former oil minister amid an investigation into billions of lost Petroleos de Venezuela SA ...

MIAMI -- The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S ...