When Venezuela booted out American oil companies in a nationalization campaign nearly two decades ago, China stepped in. Now, Beijing’s foothold there is in doubt as the U.S. asserts new power over ...

(Bloomberg) -- On paper, Venezuela has enough oil reserves to maintain production at current levels for more than 800 years, an enticing prospect for the White House as it pushes Big Oil to get the ...

Venezuela transitioned from a close U.S. ally after the 1958 dictatorship collapse and through the anti-Communist Betancourt presidency, becoming a key source of oil and a counterweight to Cuba during ...

WASHINGTON, DC – In the weeks since the United States snatched Venezuelan President Nicolás Maduro, the Trump administration has been selling the country's oil stash, netting millions of dollars and ...

President Trump’s attention has passed on from seizing control of Venezuela to seizing control of Greenland and seizing control of Minnesota. But he took on a big task when he said he was also ...

This is read by an automated voice. Please report any issues or inconsistencies here. President Trump has vowed to bring back Venzuela’s once-booming oil industry. But that will likely be a long slog.

Secretary of State Marco Rubio on Wednesday urged patience on U.S. efforts to rehabilitate Venezuela’s oil industry and eventually return the country to democratic governance. The secretary’s remarks ...

Sign up for our newsletter about national security here. María-Elena Pombo has created “petroleum weavings,” turning threads made from oil into elaborate ...

A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into ...

A sweeping amnesty proposal, tests of censorship limits and opposition leaders emerging from hiding are fueling hopes for democratic changes. But skepticism abounds. A sweeping amnesty proposal, tests ...

Chinese-manufactured weaponry — long touted as cheaper but equally powerful alternative to Western arsenals — has imploded spectacularly in recent con.