Venezuela's PDVSA has resumed importing light crude as its own production declines, causing export issues. A previous swap ...

Chevron Corporation CVX is currently in conversation with the Trump administration, which is reconsidering its license to operate in Venezuela. With this new policy, Chevron is in a challenging ...

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

Venezuela's oil exports increased by 15% in January, reaching approximately 867,000 barrels per day. This surge was primarily ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...

Chevron Corp. is in communication with the Trump administration as some Republicans call for the US to revoke the company’s ...

Under the Biden administration, the Treasury Department allowed Chevron, the main U.S. oil company with operations in Venezuela, to restart production and sell the Venezuelan oil it pumps to the ...

Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the ...

Venezuela boasts of having the largest oil reserves on the planet, and a massive exodus of its people means that there are almost eight million fewer mouths to feed, but still some five million ...

Venezuela has the largest proven oil reserves on Earth ... less reliable suppliers—an undesirable prospect. Indeed, production in Mexico remains lackluster, while the erection of trade barriers ...