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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 has shipped its first Venezuelan oil cargoes to the US under a renewed license, marking a shift in US-Venezuela ...
The company was producing around 240,000 barrels of oil per day—about one-fourth of Venezuela’s total oil output. With Chevron forced to leave, Venezuela now faces an even deeper economic crisis.
(Bloomberg) -- The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years ago. Most Read ...
The decision means Chevron can no longer export Venezuelan crude, potentially disrupting the flow of about 240,000 barrels per day—over a quarter of Venezuela’s total oil production.
Chevron and Valero Energy are reportedly in discussions to restart the supply of Venezuelan crude oil to Valero's US ...
HOUSTON (Reuters) - The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export ...
Chevron is continuing to negotiate with the Trump administration on its Treasury Department licence to operate in Venezuela, chief executive Mike Wirth said Friday. “We're in dialogue with the ...
Chevron chief executive Mike Wirth on Friday acknowledged that a “limited amount of oil” will begin flowing from Venezuela to the US amid the company’s negotiations with US President Donald ...
Chevron received a six-month license that authorizes the company to produce petroleum or petroleum products in Venezuela, according to a general license from the US Treasury Department. The San ...