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Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...
Chevron has been operating in Venezuela for more than a century. But the company has only recently begun to exert an outsized influence on the nation’s economy. There are two main reasons.
Chevron is ending contracts in Venezuela, delegating operations to PDVSA, while retaining staff in the country amid U.S. sanctions and deadlines affecting oil shipments.
Trump did not name Chevron in his comments, but Washington granted Chevron a license to operate in Venezuela's oil sector on November 26, 2022. It was the only license the administration issued ...
Chevron CEO Mike Wirth issued a stark warning about the firm’s possible departure from Venezuela as a Biden-era license allowing the company to operate in the country is set to expire.
U.S. will let Chevron’s Venezuela oil license expire May 27, Rubio announced, dealing a blow to Maduro’s regime as oil sector challenges intensify.
Chevron's license to operate in Venezuela ended on Tuesday, though sources told Reuters that Chevron has received guidance from the Trump administration that will allow it to preserve its stakes, ...
Arbitrary detentions, forced disappearances, torture and ill-treatment -- particularly during recent elections -- are among ...
President Trump’s policy towards Venezuela defies critics who insist that America First must mean principles last. Mackenzie ...
But Chevron’s exit could shrink Venezuela’s economy by as much as 7.5% this year, according to the Finance Observatory, an opposition-run research group. 4.
(Reuters) -Washington needs to take further action against Venezuelan leader President Nicolas Maduro, opposition leader Maria Corina Machado said, including enforcing sanctions and fighting criminal ...