As the energy world adjusts to the idea – theoretically, at least – of becoming less oil dependent, one of many unknown pieces is how it will impact an oil-rich country like Venezuela.

Venezuela's government is increasing taxes and public service fees on the private sector to alleviate some of the fiscal pressure.

At a U.N. climate change summit last year, Mr. Maduro did not address the environmental damage resulting from his country’s hobbled oil industry. Instead, he claimed that Venezuela was ...

In addition to the global climate change impact of the 6.7 billion ... And counterintuitively, even though Venezuela’s oil industry is in decline as I mentioned in the intro, its flaring has ...

sanctions would likely only deepen the misery in Venezuela, with uncertain odds of affecting change. Moreover, what is clear is that U.S. sanctions could knock even more oil production offline ...

BOGOTÁ, Colombia — Under former President Donald Trump, the United States pushed hard for regime change in Venezuela ... relief would help Venezuela rebuild its oil industry and allow its ...

Though Washington eased some sanctions on Venezuela’s oil and gas sector in 2023 ... to make specific commitments to mitigate climate change. Economic diversification will be an especially ...

Now opponents of President Maduro are pinning their hopes of economic revival on a change ... from the oil industry, the governments of Chávez and Mr Maduro doubled down on Venezuela's mineral ...

WASHINGTON, Oct 18 (Reuters) - The Biden administration on Wednesday broadly eased sanctions on Venezuela's oil sector in response ... to its chosen markets. The changes announced on Wednesday ...

The Biden administration will reimpose broad sanctions on Venezuela’s oil industry after the country ... though unlikely, Maduro changes course. “The Barbados agreements still represent ...