Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.

The U.S. said it would conduct joint military flight drills in Guyana on Thursday amid rising tensions with Venezuela over a disputed Guyanese territory that's rich in oil.

Alex Saab, an ally of president Nicolás Maduro, was extradited to face money laundering charges after a 16-month legal battle

Venezuela has for years seen some of the world’s worst inflation, complicating cash transactions amid economic crisis.

A strip of Venezuela's western coastline boasting pristine beaches and fragile ecosystems like mangroves and coral reefs could take more than half a century to fully recover from the environmental impacts of a recent oil spill, a researcher said on Wednesday.

Venezuela used to be one of the richest countries in South America, but it has spent the last 10 years engulfed in a political and economic crisis. What started as the gradual crumbling of the country’s economy in 2010 snowballed into a devastating avalanche of crime, corruption, and mass starvation, leaving millions of people in the country unable to feed themselves or access basic medical supplies. Ninety percent of Venezuelans are now living in poverty, and one of the most extreme and sustained periods of hyperinflation ever recorded means that people working minimum wage jobs are earning the equivalent of $5 a month.

Venezuela is illegally mining and trading in gold, and Switzerland could be one of its clients, according to Swiss media reports.

BOGOTA, Colombia (AP) — Venezuela's only telecommunications satellite has veered off its orbit and stopped working, creating a logistical headache for the cash-strapped South American nation.

The South American country has been cash-strapped since facing global sanctions.

It's one of the most devastating aspects of Venezuela's political and economic turmoil: the collapse of the public health system. Venezuela suffers from a severe shortage of medication, while many do…

The last time anybody in Nerio García’s family heard his voice was on a crackly call from jail outside Maracaibo, Venezuela’s second city. He called from a borrowed...

How worthless is the bolivar, Venezuela's currency? You'd be better off investing in fictional currency from a video game. The virtual gold in "World of Warcraft," the online role-playing game, is now almost seven times more valuable than real cash from Venezuela, whose economy is in shambles. As the South American country suffers an economic crisis due to extreme inflation, the value of bolivar has cratered.

A UN report has detailed the extrajudicial executions of thousands of young men by special forces. The report says that the death squads are carrying out President Maduro's strategy for neutralizing political opponents.

It’s not a proving ground for Capitalism vs. Socialism. It’s a story of corruption. By Mike Centeno. (Nov. 21, 2018)

It seems that the whole event is over.

Venezuelan opposition leader Juan Guaido has taken to the streets with detained activist Leopoldo Lopez and a small contingent of heavily armed soldiers in a military uprising but the country's president was defiant, saying top military leaders have assured him of their loyalty.

The so-called uprising is, in part, a furious backlash against sharing power with mixed-race Venezuelans like Maduro. By Greg Palast. (Feb. 7, 2019)

American was the last major U.S. carrier to fly to the troubled country.

In the midst of a second nationwide power outage in Venezuela, the vast majority of the country is engulfed in a massive internet outage. The first electrical blackout, which swept across the nation on Thursday, left Venezuela with only two percent connectivity amid the ongoing presidential crisis. Most of the country has been offline since Thursday with limited or no connectivity being reported across large swaths of the South American nation. The NetBlocks Group, a private internet watchdog organization based in the UK, reported on Saturday that 96 percent of the country was offline: