The deal cements the United States' long-term dominance over Venezuela, which has become a neo-colony since the U.S. military's capture of former President Nicolás Maduro in January

Venezuela sits on the world's largest proven oil reserves and ships barrels to U.S. refiners without crossing a single conflict-prone waterway, yet a former Chevron executive who knows the country's fields firsthand says the real obstacle has nothing to do with geography or sanctions.

HOUSTON/CARACAS, Aug 31 (Reuters) - A massive long-term oil deal expected to grant the U.S. access to a fifth of Venezuela's crude reserves has energy experts and lawyers questioning its legality and eventual execution,

Two weeks after Venezuela’s devastating earthquakes, Photojournalist Chen G. Schimmel documented the rubble and the search for loved ones

David Roche, strategist at Quantum Strategy, says Venezuela could raise oil production from roughly 1.2–1.3 million to 3 million barrels a day, but only with about $100 billion of investment over five years--and even then,

Sen. Ted Cruz renewed calls for free and fair elections to be held in Venezuela, just two days after Trump announced that the U.S. would take of 65 billion barrels of oil

President Donald Trump is touting his sweeping new oil agreement with Venezuela as a historic economic and national-security victory, but the deal is drawing unusual criticism from both the political left and right, Venezuelan democracy advocates, and foreign-policy experts who question whether Washington is putting oil ahead of free elections.

Claudio Galimberti, Chief Economist at Rystad Energy, says it will take “a few years” for Venezuela to significantly increase its crude oil production.