ReutersParalysis at PDVSA: Venezuela's oil purge cripples companyReutersThe ongoing purge, in which prosecutors have arrested at least 67 executives including two recently ousted oil ministers, now threatens to further harm operations for the OPEC coun …

ReutersEnter 'petro': Venezuela to launch oil-backed cryptocurrency - ReutersReutersPresident Nicolas Maduro said on Sunday Venezuela would launch a cryptocurrency to combat a U.S.-led financial "blockade," although he provided few clues …

ReutersEnter 'petro': Venezuela to launch oil-backed cryptocurrencyReutersStill, the announcement highlights how U.S. sanctions this year are hurting Venezuela's ability to move money through international banks. Sources say compliance departme …

Reuters.comVenezuela seizes former oil bosses in graft purge -sourcesReuters.comFILE PHOTO: Venezuela's Oil Minister Nelson Martinez (L) and Eulogio del Pino, president of Venezuelan state oil company PDVSA, attend the swear in ceremony of the new boar …

ReutersVenezuela seizes former oil bosses in graft purge -sourcesReutersFILE PHOTO: Venezuela's Oil Minister Nelson Martinez (L) and Eulogio del Pino, president of Venezuelan state oil company PDVSA, attend the swear in ceremony of the new board of dir …

ReutersVenezuela president taps general as head of state oil firmABC NewsPresident Nicolas Maduro has tapped a high-ranking member of Venezuela's military to lead the country's struggling state oil company. National Guard Major General Manuel Queve …

Russia Goes All In On Arctic Oil DevelopmentOilPrice.comGazprom Neft operates the only oil-producing platform in Russia's Arctic currently. The Prirazlomnoye oil field in the Pechora Sea started pumping oil back in late 2013. The field is estimated to …

BloombergOil drops more than one percent on profit taking after four days of gainsReutersThe market turned bearish on Wednesday after the U.S. Energy Information Administration reported a surprise drop in U.S. refining rates and an unexpected build in fuel …

ReutersOil markets stable on tighter US market, expected extension of OPEC supply cutsReutersDuring the previous round of sanctions against Iran, some 1 million bpd of oil was cut from markets. And analysts see crude supply tightening further as the Organi …

ReutersKazakhstan to remain part of global oil pact: presidentReutersASTANA (Reuters) - Kazakhstan, Central Asia's largest oil exporter, will support future efforts to prop up the price of crude, President Nursultan Nazarbayev said on Thursday. “The pr …