In a major decision, the United States has informed Italian energy company Eni that it can no longer receive payments in oil for its gas production in Venezuela. The payments were previously made by ...

Chevron Corporation’s CVX operations in Venezuela have hit a major roadblock as state-owned oil firm PDVSA abruptly canceled export authorizations for several of its vessels due to payment uncertainty ...

A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo ...

Italy's Eni confirmed on Sunday it was notified by U.S. authorities it would no longer be allowed to be repaid for gas production in Venezuela through oil supplies given by Venezuelan state oil ...

Venezuelan state-owned PDVSA has revoked authorizations for U.S. supermajor Chevron to load and export crude oil, following ...

The Dragon and Cocuina-Manakin natural gas offshore projects were seen as strategic by both Venezuela and Trinidad and Tobago ...

U.S. authorities have revoked Eni's ability to be repaid for Venezuelan gas production through oil supplies, impacting operations in the region. Eni, among others like Repsol and Reliance, seeks ...

Eni will continue to produce gas in Venezuela while engaging with the U.S. administration over a waiver to export oil from ...

European firms Repsol, Eni and Maurel & Prom hold stakes in oil and gas joint ventures with Venezuela’s PDVSA.

Eni expects to spend ~€24B ($26.2B) in Algeria, Libya and Egypt over the next four years to help boost energy production, CEO ...

The U.S. announcement that Washington will impose a 25% tariff on any country that purchases Venezuelan oil or gas has quickly made commercial dealings with Venezuela’s oil industry a highly toxic ...

Spain's Repsol is in an "open and fluid dialogue" with U.S. authorities as it explores ways to keep operating in Venezuela ...