The U.S. has several outstanding sanctions against Venezuela, where Chevron is the only domestic oil producer with a license to operate.

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

The coming auction for Venezuela’s Citgo Petroleum could leave its buyer on the hook to other creditors of the South American country, a stumbling block for the court-ordered sale.

Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

The United States and Venezuela have a fraught recent history marked by broken diplomatic relations, sanctions and ...

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

royalties or dividends of any kind to Petroleos de Venezuela or any other state controlled entity, and forbids the sale of oil outside of the U.S. or the expansion of its operations. In the ...

Much hinges on the position the new administration of President Donald Trump in the United States takes on Venezuela. If he continues the hard-line policies of his first term, then sanctions on ...

Authorities in Venezuela have released a prominent human rights advocate from detention, just days after President Nicolas Maduro was sworn in for a third term amid a crackdown on dissenting ...

so all that needs to be re-explored." Chevron (CVX), the only U.S. oil producer still operating in Venezuela, produced ~180K bbl/day in the country as of mid-2024.

(Bloomberg) -- Donald Trump’s secretary of state-nominee Marco Rubio said the US should reconsider Chevron Corp.’s sanctions waiver that allows the oil giant to operate in Venezuela.