Venezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...

Valero Energy plans to import significant Venezuelan crude oil in March. This move could position Valero as the leading foreign refiner of ...

Reliance Industries is seeking United States approval to resume buying Venezuelan crude oil. This move comes as India faces pressure to red...

China is a significant player in Venezuela's struggling oil sector, acting as a major buyer and investor. Despite U.S. sanctions, Chinese f...

Dozens of sanctioned tankers loaded with Venezuelan crude and fuel have departed the country in "dark mode" since the start of the year. Th...

Asian buyers are seeking significant price cuts for Venezuelan oil. This is driven by a surplus of sanctioned crude from Russia and Iran. I...

China Concord Resources Corporation has started developing two oilfields in Venezuela. The company plans to invest over one billion dollars...

Such a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...

Reliance has purchased Venezuelan crude oil from companies such as Rosneft long before the imposition of the US sanctions.

The Indian market is crucial for Venezuela's economy because it has historically been the second-largest cash-paying customer for the OPEC ...

The South American nation is turning its focus to cash-paying buyers, especially in India, its second-largest customer after the US.

Venezuela plans to significantly increase crude oil supply to India and is negotiating with Reliance Industries, its major customer, for a ...

OVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC), holds 40 per cent stake in the San Cristobal oil pr...

Reliance Industries is in talks with Venezuela's PDVSA to produce heavy oil in the South American OPEC nation, PDVSA Executive Director Fad...

China will invest more than 40 billion dollars in Venezuela's oil- and gas-rich eastern Orinoco belt by 2016, Energy Minister Rafael Ramire...

Venezuela and Vietnam have agreed to create two joint oil refining companies, Energy and Oil Minister Rafael Ramirez said.

Venezuelan national oil firm PdVSA is keen on taking a stake in Indian Oil Corp's Rs 29,777 crore Paradip refinery in exchange for committi...