In a major decision, the United States has informed Italian energy company Eni that it can no longer receive payments in oil ...

The Trump administration has revoked the licenses and permits granted to companies connected with Venezuela's state-owned oil ...

Italy's Eni confirmed on Sunday it was notified by US authorities it would no longer be allowed to be repaid for gas ...

Eni can no longer be repaid for gas that it produces in Venezuela through oil supplies from state-owned PDVSA.

The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves ...

U.S. authorities have revoked Eni's ability to be repaid for Venezuelan gas production through oil supplies, impacting ...

The Trump administration has acted swiftly as it ramps up the economic pressure on Venezuela's President Nicolás Maduro.

The US government has notified foreign partners of Venezuelan state oil company PDVSA of the imminent cancellation of ...

Italian energy company Eni said it had been notified by US authorities that it can no longer be repaid for gas that it ...

The president of the United States, Donald Trump, has notified the partners of the Venezuelan state oil company PDVSA – among ...

Companies have until the end of May to settle operations in Venezuela. The President of the United States, Donald Trump, has ...

Action against Eni and Global Oil Terminals follows cancellation of Chevron’s licence in Latin American country ...