Chevron CEO Mike Wirth argued against the move over concerns about energy security and growing Chinese influence in the ...

Venezuela's oil exports slumped by nearly 20% in April, reaching their lowest level in nine months, following PDVSA's ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of ... and still home to the largest crude reserves—over 300 billion barrels. The collapse of the ...

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as ...

Venezuela is the world's largest oil producer, whereas Canada, UAE, Saudi Arabia and Russia are among the top 10 countries with the largest oil reserves.

The U.S. has a distinct advantage to leverage through its access to Venezuela’s vast oil reserves. Maintaining that access will lower energy costs here at home and prevent Communist China from ...

Venezuela had the world’s largest proven crude oil reserves in 2023 with approximately 303 billion barrels, accounting for approximately 17% of global reserves, according to US government data.

But Venezuela is, right now, the country with the largest proven oil reserves in the world and also in gas," she added. "So we can turn Venezuela from the criminal hub of the Americas into the ...