Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

Maduro's power paves the way for a constitutional reform that will alter the core of the country's political principles, says ...

Despite U.S. sanctions and expiring licenses, Venezuela maintained nearly steady oil exports in May by ramping up shipments ...

Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...

Washington in February canceled key licenses for a handful of partners and customers of state oil company PDVSA, including ...

Emiliano Teran Mantovani argues Steve Ellner’s defence of Venezuela’s Maduro government reflects a tendency on the left to ...

"Our contribution to the economy's growth does not need licenses." Venezuela in April canceled cargoes scheduled to Chevron citing payment uncertainties related to U.S. sanctions, which cut short ...

(MENAFN- The Rio Times) Authorities from Colombia and Venezuela advanced plans for a binational economic zone along their 2,200-kilometer border, aiming to boost trade, attract investment ...

This paper reviews economic developments in Venezuela during 1995–97. The overall public sector balance shifted from a deficit of 7 percent of GDP in 1995 to a surplus of 7¼ percent of GDP in 1996.

The State Department says elections called by Venezuelan President Nicolás Maduro to elect a governor and legislators for the ...