Venezuelan MPs Approve Bill to Open up Oil Sector to Private Firms

Chevron CEO says Venezuela is taking positive steps to protect private oil investment

Chevron is the only U.S. oil major operating in Venezuela through a special license issued by the Treasury Department.

'Taking India-Venezuela relations to new heights': PM Modi speaks to acting president Delcy Rodríguez, agree to expand bilateral partnership

India News: NEW DELHI: Prime Minister Narendra Modi on Friday held a conversation with Acting President of Venezuela Delcy Rodríguez, during which the two leaders.

Venezuela’s Acting President Signs Oil Industry Overhaul, Easing State Control to Lure Investors

Venezuela’s acting President Delcy Rodríguez has signed a law that will open the nation’s oil sector to privatization.

Venezuela approves bill to open up oil sector to private firms as US eases sanctions

A bill that will end the monopoly of state-owned Petroleos de Venezuela SA in the oil sector has been passed by Venezuela's National Assembly, less than a month after the US captured Nicolas Maduro.

US returns seized oil tanker to Venezuela amid broader energy policy shift

The United States government this week returned the seized oil tanker M/T Sophia to Venezuela, reflecting a broader shift in U.S. energy policy toward Caracas amid efforts to normalize commercial ties, U.S. officials said Wednesday. The move comes after several high‑profile seizures of vessels tied to Venezuelan oil shipping.

US breaks international law by demanding oil concessions from Venezuela — Chinese embassy

Liu Pengyu pointed out that "Venezuela is a sovereign state and has full permanent sovereignty over all its natural resources and economic activities"