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Amid prolonged international sanctions imposed on Venezuela, Chinese enterprises stood out as some of the few willing to pour resources into the South American country’s turbulent economy. However, ...

Following the abduction of Venezuela’s President Nicolas Maduro last week, the administration of US President Donald Trump has stated that it wants to quickly restore the country’s oil production and ...

After US air strikes hit Caracas on Saturday, Venezuelan leader Nicolas Maduro and his wife were detained and transferred to the United States. US President Donald Trump later said his country planned ...

Shortly after launching a dramatic raid in which U.S. forces abducted Venezuelan leader Nicolás Maduro on Saturday, President Donald Trump justified the action with a promise to revive Venezuela’s ...

Forbes contributors publish independent expert analyses and insights. Ian writes on fossil energies, climate, and transition to renewables. US President Donald Trump, alongside (L/R) Deputy Chief of ...

Venezuela holds the largest proven crude oil reserves in the world, a distinction that has defined its economy, geopolitics and global relevance for decades, even as production remains far below its ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Venezuelan President Nicolas Maduro speaks to supporters as he ...

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Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...

Did the US just secure access to the world’s largest stranded asset? Most commentary on the oil-related aspects of the US intervention in Venezuela has centred on American companies once again gaining ...

The overthrow of President Nicolás Maduro could pave the way for Exxon Mobil and ConocoPhillips to recover assets that were seized by Venezuela in a 2007 nationalization. Chevron, which is the only ...