Venezuela’s output from its richest source of petroleum deposits is decreasing as US forces in the Caribbean limit exports and the threat of land strikes further pressures Nicolás Maduro’s regime. Oil ...

(Bloomberg) --Venezuela started shutting wells in a region that holds the world’s largest deposits of oil in the face of a blockade by the Trump administration meant to financially squeeze the nation.

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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 ...

Outcome of aggression will determine whether rare earths and other resources drive energy transition – or strengthen US military power and oil interests The US’s first overt attack on an Amazon nation ...

- Donald Trump’s maximum pressure strategy on Venezuela is finally starting to impact Venezuela’s oil production, with state oil company PDVSA beginning to shut down wells in the Orinoco Belt amidst ...

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Venezuela has begun shutting oil wells in its prolific Orinoco Belt after storage filled up and inventories swelled, a move that underscores the operational strain facing the state producer as ...

Venezuelan president Nicholas Maduro and his wife, Cilia Flores, were taken into custody by the United States after a midnight strike. President Donald Trump declared that the operation had removed ...

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