More specifically, the Venezuelan government has stipulated a budget of US$ 14.7 billion for this year, of which US$ 9.34 billion should come from PDVSA—up 14% on 2022.

The U.S. sanctions on Venezuela, particularly on PDVSA, have been part of a broader strategy to pressure the Venezuelan ...

while a unit of Reliance delivered a 500,000-barrel cargo of heavy naphtha to PDVSA this month in exchange, according to the document. Meanwhile, 2024 has been a forgettable year for Reliance ...

The US has imposed sanctions on Venezuela's state-owned oil firm PDVSA and urged the country's military to accept a peaceful transfer of power. National Security Adviser John Bolton said President ...