Chevron has shipped its first Venezuelan oil cargoes to the US under a renewed license, marking a shift in US-Venezuela ...

Chevron and Valero Energy are reportedly in discussions to restart the supply of Venezuelan crude oil to Valero's US refineries, according to a Reuters report, citing sources. This development follows ...

The negotiations ultimately failed. In March, the Trump administration revoked Chevron’s special license and ordered the company to wind down operations by the end of May.

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the ...

The US restored Chevron Corp.’s ability to pump oil in Venezuela, reversing a decision made just two months earlier when the Trump administration was seeking to exert more pressure on the regime ...

Chevron and Valero Energy are working to resume supplies of Venezuelan crude to Valero's U.S. refineries under an agreement ...

Chevron cleared to pump oil in Venezuela under new U.S. license. Critics say Maduro regime benefits By Elizabeth Insuasti, Sergio R. Bustos July 26, 2025 at 3:39 PM EDT ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to Biden-era licenses, once U.S. President Donald Trump reinstates authorizations for ...

Chevron to Deliver Oil to Venezuela Under New Production Terms President Nicolas Maduro and First Lady Cilia Flores walk during celebrations for the Independence Day in Caracas on July 5.

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

Chevron specifically was banned by the U.S. federal government from making any cash payments to the Venezuelan government. It was a condition for the license to return to Venezuela.

Since sanctions were reimposed, Venezuela’s oil exports have held steady—thanks largely to rising shipments to China. In May, PDVSA sent nearly 600,000 barrels per day to Chinese buyers, while ...