WorldOil “Zombie” tankers triple Venezuela’s oil exports to China despite U.S. sanctions While PDVSA’s internal documents show vessels like Vinland, Pacific Cape and Vision loading at the port of Jose, these vessels are not operational. Data show that they were sent to the scrapyard months prior to the scheduled loading dates in Venezuela. Chevron looks to Biden to preserve its Venezuela foothold Chevron has long argued the U.S. benefits from having a producer on the ground in a country that holds the world’s largest crude reserves. But Trump's sanctions against Maduro’s regime have won bipartisan support, making it difficult for Biden to change tack. U.S. sanctions cripple Venezuela’s oil industry Venezuelan crude inventories have surged 84% over the last three weeks as the threat of U.S. sanctions ward away buyers of the nation’s most important commodity. Venezuela and Iran continue to defy U.S. oil sanctions with new shipments The first vessel in an Iranian convoy of ships bringing desperately needed fuel arrived in Venezuela, demonstrating both nations’ determination to undermine U.S. efforts to isolate the governments in Tehran and Caracas. Iranian tanker violates U.S. sanctions again, carrying Venezuelan crude on the return trip Venezuela, owner of the world’s largest oil reserves, has been struggling to find ships willing to risk sanctions after the Trump administration announced sanctions on six vessels and its shipowners for transporting its crude. Venezuela and Iran defy U.S. sanctions with new tanker delivery The ship, identified as Honey, turned off its satellite signal and started unloading about 2 million barrels of South Pars condensate at Venezuela’s state-controlled port of Jose on Saturday, according to a report and a person with knowledge of the situation. Venezuelan oil official flees to U.S. with intel on Maduro’s inner circle A former Venezuelan oil official fled the country and is talking to U.S. authorities about aiding their investigation of a high-level corruption scheme that helped plunge the oil-rich nation into an economic meltdown. U.S. considers expanding Venezuelan oil sanctions The measures could target crude swaps with companies in Asia and Europe, according to people familiar with the matter. U.S. officials have debated the move for months, yet they initially prioritized actions against Iran, which began exporting gasoline to fuel-starved Venezuela. Tehran confirms tankers seized by U.S. were en route to Venezuela Four tankers whose cargoes were seized by the U.S. over the past month were heading to Venezuela with gasoline loaded in Iran, according to Iranian Oil Minister Bijan Namdar Zanganeh. U.S. conducts largest-ever seizure of Iranian oil The U.S. seized four tankers carrying Iranian oil bound for Venezuela in violation of sanctions, the Justice Department announced.