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 ...

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 ...

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 ...

Petroleos de Venezuela and Italy's ENI will strike a deal Friday that would bring ENI SpA into the oil-rich Orinoco basin as a partner, the Venezuelan foreign ministry said Thursday. Petroleos de ...

Italian energy company Eni said it had been notified by US authorities that it can no longer be repaid for gas that it produces in Venezuela through oil supplies from state-owned PDVSA ...

Action against Eni and Global Oil Terminals follows cancellation of Chevron’s licence in Latin American country ...

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