The first two shipments of Venezuelan oil exported by Chevron Corp (CVX.N) since getting a renewed US license last month have ...

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.

The U.S. Treasury Department on Friday renewed a license to oil producer Chevron Corp to operate in U.S.-sanctioned Venezuela through the end of November under the same restricted terms granted to ...

He pulled Chevron’s license to operate in the dictatorship, then quietly restored it.

Chevron has engaged in the past in a joint venture with Petropiar, a subsidiary of Venezuela’s national oil company, PDVSA. ·Miami Herald Antonio Maria Delgado Thu, Jul 24, 2025, 1:09 PM5 min read ...

Chevron received a six-month license from the US Office of Foreign Assets Control, OFAC, that authorizes the company to produce crude oil and petroleum products in its projects in Venezuela ...

The US has granted Chevron limited authorization to resume pumping oil from Venezuela following the announcement Saturday that the Venezuelan government and the opposition group have reached an ...

Chevron Corp has asked the U.S. government to expand its license to operate in Venezuela after the oil major agreed with state-run PDVSA to revamp joint ventures in the sanctioned country, six ...

According to reports from Bloomberg, crude production across Chevron’s four joint ventures in Venezuela surpassed 250,000 b/d last week, up from 40,000 b/d in 2022 before the U.S. sanctions ...

Chevron and PDVSA operate four oil fields together. Before U.S. sanctions, these produced around 200,000 bpd, according to Bloomberg. Now, they are producing around 140,000 bpd, the report also said.