National PostRussian Tanker Owner Holds PDVSA Oil Cargo Hostage Over DebtsOilPrice.comRussia's shipper Sovcomflot has sued PDVSA in the Dutch island St. Maarten in the Caribbean and “imposed garnishment on the aforementioned oil cargo,” Reuters reporte …

The ScotsmanAberdeen entrepreneur swoops on oil consultancyThe ScotsmanAn Aberdeen-based energy industry entrepreneur has snapped up a specialist oil and gas consultancy south of the Border as it targets double-digit growth. Mark Cavanagh, managing directo …

Deutsche WelleFive things to understand about oil-rich, cash-poor VenezuelaDeutsche WelleHowever, Chavez' time in office from 1998 to 2013 also launched two developments that lie at the root of Venezuela's current economic crisis: the expropriation …

Venezuela Alleges Fraud in $1.3 Billion Oil-Rig LeaseWall Street Journal (subscription)CARACAS, Venezuela—The Venezuelan government is investigating alleged corruption in a $1.3 billion contract between the state oil company and a private contractor co-fou …

FortuneVenezuelan Oil Workers Are Selling Uniforms for FoodFortuneFor decades, jobs at Venezuela's state-run oil giant PDVSA were coveted for above average salaries, generous benefits and cheap credit that brought home ownership and vacationing abroad …

Irish IndependentCompaniesTullow strikes oil in GhanaFinancial TimesTullow Oil, the Africa-focused oil exploration and production group, has reported its first flows from the company's “transformational” offshore Ghana site. Known as the TEN project, t …

CNNMoneyVenezuela chaos: The biggest threat to cheap oilCNNMoneyAs the situation worsens, Venezuela's oil output could plunge even lower. A new report by Columbia University's Center on Global Energy Policy calls Venezuela a "growing supply ri …

CNNMoneyVenezuela is selling oil for food to JamaicaCNNMoney"You could say that it's goods and services for oil," Dr. Wesley Hughes, CEO of the Jamaican government's PetroCaribe Development Fund, told CNNMoney on Tuesday. "It's g …

CNNMoneyVenezuela is selling oil for food to Jamaica - Aug. 2, 2016CNNMoneyJamaican officials are paying back Venezuela for oil in the form of food, medicine and building supplies.Venezuela lets Jamaica pay off its oil debts in food as shortages worsenThe …

CNNMoneyWhy Venezuela's oil production plunged to a 13-year lowCNNMoneyCrisis-stricken Venezuela has another big problem: its oil production has plunged to alarmingly-low levels. At a time when most OPEC countries are ramping up oil output, Venezuela p …