the U.S. government granted Chevron a license to resume extraction activities in Venezuela. General License (GL) 41 was issued November 26, 2022, as a nod to a humanitarian agreement between the ...

The United States loosened oil sanctions on Venezuela in October following an election guarantee agreement between the South American country's government and its political opposition. Chevron has ...

Notably, in October, the U.S. eased oil sanctions on Venezuela following an agreement between its government and its political opposition, reported Reuters. Chevron holds a separate authorization ...

Chevron has U.S. authorization to operate in Venezuela with its joint ventures with PDVSA, while the U.S. Administration also currently allows exports and trade of Venezuelan crude oil under ...

President Joe Biden’s administration reimposed oil sanctions on Venezuela, ending a six-month reprieve after determining that Nicolas Maduro’s regime failed to honor an agreement to allow a ...

The presidential election, Venezuela's first since 2018, is set to take place on July 28. It is a simple majority-wins vote. The U.S reimposed oil sanctions on Venezuela this month, accusing ...

Chevron Corporation CVX ... This decision, made in response to the political turmoil and ongoing humanitarian crisis in the Southeast Asian nation, highlights the challenges faced by multinational ...